Hicks and Gillett assume control
American investors Tom Hicks and George Gillett Jr. assumed full control of the Liverpool today, securing more than 80 percent of the shares in the 18-time English champions.
The pair's takeover vehicle, Kop Football, told the London Stock Exchange it had received valid acceptances for 28,089 Liverpool shares, or 80.7 percent of the club. That means they have surpassed the 75 percent stake required to take unconditional control.
The takeover clears the way for the club to move from 45,000-capacity Anfield to a new 60,000-seat stadium in nearby Stanley Park.
Hicks was at Anfield for the Barcelona match and was impressed by the atmosphere. "My first time at Anfield and everything I'd heard is true," Hicks said. "I've seen a lot of sporting events all around the world, but nothing comes close to that."
The pair's takeover vehicle, Kop Football, told the London Stock Exchange it had received valid acceptances for 28,089 Liverpool shares, or 80.7 percent of the club. That means they have surpassed the 75 percent stake required to take unconditional control.
The takeover clears the way for the club to move from 45,000-capacity Anfield to a new 60,000-seat stadium in nearby Stanley Park.
Hicks was at Anfield for the Barcelona match and was impressed by the atmosphere. "My first time at Anfield and everything I'd heard is true," Hicks said. "I've seen a lot of sporting events all around the world, but nothing comes close to that."
Labels: anfield, Liverpool FC
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