Mukesh Ambani, Tom Hicks and George Gillett Jr: Liverpool FC’s Future

The seventh richest man in the world, Mukesh Ambani, has been tipped to be in contention for a takeover of Liverpool FC. It is claimed that Ambani have tabled bids to wipe out the clubs debt of over £237 million in exchange for a 51 per cent stake in the club, Last night Christian Purslow, the Liverpool chief executive denied any knowledge of the bid.

A source close to Hicks and Gillett said that the duo would reject on principle any bid that left them with less than 50 per cent of the club’s shares, unless it involved either of them selling out entirely. A sale of more than half of the total stake would mean they would lose control of the club. The fans of Liverpool FC would welcome such bids, many feel that they have been let down by the owners of the club.

Gillett and Hicks took over at Anfield three years ago in a leveraged buyout costing nearly £300 million, including £70 million for a stadium that remains unbuilt.

Hicks’ son (Tom Hicks Jr) recently resigned from the Anfield board and the club’s parent company Kop Holdings, this is due to Hicks Jr sending an obscene email to a fan, this fan was concerned about the ‘clubs financial future. For more on this go check out TimesOnline.

Do you think that this could be good for Liverpool FC?