What does this £300m sale mean for Liverpool FC?
The news filtered through this weekend that Liverpool co-owner Tom Hicks has sold his baseball team, the Texas Rangers for a price of over £300 million following lengthy negotiations. Hicks was pleased with the deal, stating
“Together we have worked exhaustively since last month to attain this agreement, it’s a complex business deal that positions the franchise positively for the future.”
Obviously we’re all thrilled that Hicks has managed to make a complex business deal but, more importantly, does this mean anything for Liverpool? £300 million is a lot of money and, even though there’s a possibility that Hicks may not possess it until April due to hold-ups in the deal, Liverpool would be more than justified in expecting one of their owners to provide for the club using such a fortune. The transfer window has brought Liverpool just Maxi Rodriguez on a free transfer when a lot of strengthening is clearly required. £300 million would deal with debts, bring in as many new players as needed and could help re-ignite talk over a new stadium.
But chances are none of that will happen. A similar deal occurred last year when George Gillett sold his ice hockey team for £323 million and how much of that money did Liverpool see? None of it, that’s how much. You can see why there’s so much criticism of the American owners given how they regard the club; whilst other owners like Roman Abrahamovic, Randy Lerner and Carson Yeung care for their clubs and give them the money they need, Gillett and Hicks are solely looking to make themselves money and are putting the club in danger in doing so. What’s next? A £40 million sale of Steven Gerrard followed by each owner pocketing £20 million? They’d happily go along with that.
I would be very surprised if Hicks put one penny of the money made from the sale into Liverpool and thus the sooner Liverpool get bought by someone else who actually cares for the club the better. There was a time when football club’s owners actually had an interest in the sport but it’s owners like Gillett, Hicks and Manchester United’s Malcolm Glazer who screw their clubs over, taking all the money and only putting money in if they think it’ll pay dividends for themselves and the protests around Anfield should keep on going, even if it’s just to show Hicks and Gillett how unwelcome they are.
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Couldn’t agree more with this posting!! Dumb and Dumber have no intention of reinvesting any of their new found wealth into LFC. In fact, quite the opposite, they won’t be happy until they’ve bled it dry! & let’s not forget the role David Moores played in bringing this infestation to the club! the fan;s protests should intensify as- these international con-men need to know they are unwelcome
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Couldnt agree more either, ill be damned to see liverpool, one of the greatest temas in the world, fall fown because of some yamks who call this game soccer?? ruin our empire,
YNWA
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They will never invest and need to sell to someone who will! The UK government should intervene and force a sale to protect our heritage!!
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After all the crap we took from your fans since Ashley took over our club, I don’t know whether to feel sorry for your predicament or rub your noses in it to see how it makes you feel having an owner who knows nowt about football!
As for the comment about getting the government to intervene to save your heritage, get a grip muppet, it ain’t gonna happen, you’re stuck with Dumb & Dumber as no one is willing to pay the amount they want for your club, same as we are with Ashley & his stupid price, you never know, you maybe in the Fizzy in a eason or 2.. lol lol
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if rick perry hadent sold liverpool to them we would be in good hands now but he got a big pay off from them yanks when te arabs wer looken at us so i blame perry for all of this
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