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Liverpool owners reject DIC offer

Latest reports suggest that Liverpool co-owners George Gillett and Tom Hicks have rejected a £400 million offer for the takeover of the Merseyside club. Dubai-based consortium DIC were reported to have placed the offer on the American duo’s table on Tuesday and it is now reported that both Gillett and Hicks immediately turned down the offer.

For weeks, the speculation that DIC could take over Liverpool has been rife and there were certain press reports suggesting that George Gillett had already accepted to sell his 50% stake at Liverpool and that Tom Hicks was stopping him from selling his share.

Now though the story has taken a different turn and although there have been no comments from either side so far, we shall certainly follow the story as it develops. And boy, it will definitely develop!

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