Liverpool co-owner Tom Hicks was again prompted to respond to allegations that he planned on selling his 50 percent stake in the club to Arab investment group Dubai International Capital. The Texas
billionaire called the media speculation "absolutely and categorically false," although ESPN implies that the statement, issued by Hicks on Tuesday, is a cover-up for the most recent impasse in the
The report claims that DIC has instead shifted its focus toward acquiring George Gillet's 50 percent ownership of the club. Gillett and Hicks have suffered a breakdown in
relations, and DIC would be interested in buying the former out only if it could acquire a portion of Hicks stake as well, which would make the Dubai group the majority shareholder. However, it's
understood that Hicks and DIC have been unable to come to an agreement about a price.
Meanwhile, in an interview with LFC magazine, Liverpool captain Steven Gerrard said
the management tussle has "not been a good situation for anybody." He added: "It's sad so much of the club's business
has been conducted in public. The club I have grown up supporting always did its business behind closed doors, and that is what we have to get back to."
Read the whole story at ESPN Soccernet »