Friday, April 16, 2010

Liverpool Put Up for Sale, New Chairman Appointed

London Premier League club Liverpool went up for sale on Friday after American owners Tom Hicks and George Gillett appointed Barclays Capital to find a buyer.

Following several terminology of curiosity from third parties, the Club has engaged Barclays Capital to warn on the sale process, a report read on the club website (www.liverpoolfc.tv).

The Club has the full sustain of its existing bankers for this process and has financing in place which will fully support the Club's operations.

Liverpool, sixth in the league after a disappointing season, also said that British Airways Chief Martin Broughton had been allotted as chairman with immediate effect and will manage the sale process.

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