Thread: Hicks moves for complete control of Liverpool
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Old 29th February 2008, 10:11 AM
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Re: Hicks moves for complete control of Liverpool
I thought Hicks couldnt afford to buy Liverpool but i would imagine he could get another loan for the cash and would i be right in thinking if he buys out Gillett then that means Gilletts part of the debt on the club would be gone so he could just replace it with his debt.

This could be what he means by soon be sorted. I think Hicks is trying to sort something out with the banks where he takes 100% control, the club is still paying the same amount of debt but this time Hicks would be getting all of any profit that is made.
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