Tom Hicks Hopes £100m Middle East Investment Drive Will Help Fund Liverpool's New Stadium


Merrill Lynch has been instructed by Tom Hicks, co-owner of English soccer club Liverpool, to find a minority investor prepared to pay UK£100 million for a 25 per cent share of the Premier League team.

'It is understood the firm is now targeting businesses or wealthy individuals in the Middle East who would be prepared to buy a minority stake, allowing the Americans Hicks and (co-owner George) Gillett to retain majority control,' reports The Guardian newspaper.

Read the full article at Anfield Talk.

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