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LFC – Hicks hopeful of selling stake to Mill Financial

| 15.10.2010

The completion of New England Sports Ventures buy-out of Liverpool was throw into further doubt this morning with the news that Tom Hicks is offloading his stake to Mill Financial.

Despite Mr Justice Lloyd confirming on Thursday evening that the Liverpool board and NESV could proceed with the deal, the injuction from the Texas Court still stood as the Dallas court adjorned for the night.

NESV believe that a deal for LFC can be completed by close of play Friday, and the Boston Red Sox owners moved closer to sealing the deal when Mr Justice Lloyd ordered Gillett and Hicks to withdraw the US petition.

Hicks was given until 4pm today by Mr Justice Lloyd to resolve the American legal issues, and the Dallas court decided to lift the injunction that was placed on Liverpool Football Club..

However, the move is not designed to help NESV, as Hicks believes he can still scupper the deal by selling his shares to Mill Financial as they attempt to take over LFC.

The delay tactics employed by the American duo mean that the future of the club is likely to still be unresolved when Liverpool travel to Everton on Sunday.

And the off-field troubles mirror those on the pitch as Liverpool struggle to gel under new manager Roy Hodgson.

Hodgson will want a quick resolution to the saga off the pitch, but his position as manager will be in jeopardy if Liverpool lose to Everton – Everton are 11/8 to win.

If the new owners take control of a Liverpool side languishing at the wrong end of the Premier League, Roy Hodgson’s position will be under immense scrutiny as the new owners, whoever they may be, search for success.

Liverpool finished 7th last season and are 5/1 to finish in the top four. See the latest Barclays Premier League football betting odds market here.



Robbie Morris

Robbie studied sports journalism at the University of Gloucestershire, an establishment chosen for its proximity to Cheltenham racecourse, where he was a season ticket holder. Upon graduation, Robbie was a contributor to GolfPunk, a national magazine aimed at ridding golf of its traditionalist image, before joining the news.ladbrokes team.