Talks between Liverpool co-owner Tom Hicks and the Dubai-based DIC collapsed on Monday and everything is back to square one. But why did the talks break down? We have had two conflicting stories.
DIC say that Hicks didn’t approve their proposal to have a Liverpool supporter drafted into the Liverpool board will full voting rights.
But Hicks says that he didn’t accept DIC’s proposals since he didn’t want Liverpool FC to be run by committees. The American business tycoon has released this statement through his London-based advisors:
With regard to a report today claiming that ‘talks between [Tom Hicks] and Dubai International Capital collapsed after the Dubains proposed putting a fans’ representative on the Anfield board’, I can confirm after consultation with Mr Hicks and his representatives at the meetings with DIC that at no time during any such meetings did DIC propose, nor did Mr Hicks or his representatives reject, any such proposal.
Somehow everything is transparent in this takeover regulation. It is widely known and accepted that George Gillett is more than eager to let go of his 49% stake at Liverpool but it is Hicks who is the obstacle in DIC taking over the club. Tom Hicks has already vetoed Gillett’s sell-out of his share although the Liverpool supporters have declared that they would like DIC to take charge of the club.