Hicks Lifts Price for Kop to Pounds 660m

Sunday MirrorApril 18, 2010

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Summary


LIVERPOOL co-owner Tom Hicks last night ended any chance of a cutprice sale of the club. The Texas-based tycoon insists the Reds are worth pounds 660million - THREE times what he and business partner George Gillett paid three years ago. Hicks and Gillett are now prepared to wait for the right offer to materialise after the Royal Bank of Scotland agreed to extend the Americans' deadline to pay back pounds 100m of the pounds 237m debts.

The appointment of British Airways boss Martin Broughton as chairman has bought Hicks and Gillett valuable time.

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Hicks Lifts Price for Kop to Pounds 660m

And it means ...

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