Liverpool FC today announced that the Board have agreed the
terms of an offer for the Club from Mr George Gillett and Mr Tom
Hicks. The Board are unanimously recommending that the Clubs
shareholders accept this offer.
Full details of the offer were announced earlier today to the Stock
Exchange.
Commenting on the offer, David Moores, Chairman of Liverpool
said:
I believe this is a great step forward for Liverpool, its
shareholders and its fans. This Club is my passion and forms a huge
part of my life. After much careful consideration, I have agreed to
sell my shares to assist in securing the investment needed for the
new stadium and for the playing squad. I urge all my fellow
shareholders to do the same and to support the offer. By doing so,
I believe you will be backing the successful future of Liverpool
Football Club.
"I am also delighted to accept the offer from the Hicks and Gillett
families to continue my involvement in the Club by becoming
Honorary Life President.
Rick Parry, Chief Executive of Liverpool, commented: This is great
for Liverpool, our supporters and the shareholders it is the
beginning of a new era for the Club.
The partnership created by George and Tom is very special. They
are bringing to the table tremendous and relevant experience, a
passion for sport, real resources and a strong commitment to the
traditions of Liverpool. Their approach represents exactly the sort
of genuine partnership that Liverpool has been seeking over recent
times.
We know that George and Tom want a long-term relationship with
Liverpool and that they also understand the importance of investing
in our success both on and off the field. They have made clear
their intention to move as quickly as practicable on the financing
and construction of our proposed new stadium at Stanley Park and
also to support investment in the playing squad.
This has been an important time for the Club. We now have the
right partners for the future. I am absolutely certain we have now
ended up in the right place, with owners who will help the Club
succeed and prosper.
Commenting on the offer, George Gillett and Tom Hicks said:
Liverpool is a fantastic club with a remarkable history and a
passionate fanbase. We fully acknowledge and appreciate the unique
heritage and rich history of Liverpool and intend to respect this
heritage in the future. The Hicks family and the Gillett family are
extremely excited about continuing the Clubs legacy and
tradition.
We are particularly pleased that David Moores and Rick Parry will
have a continuing involvement in the Club. For us continuity and
stability are keys to the future.
http://www.liverpoolfc.tv/news/drilldown/N154912070206-1225.htm
Watch the press conference LIVE! (Non-members can access too)
http://www.liverpoolfc.tv/investment/
