Hotel chain Travelodge was thrown a lifeline today as landlords and creditors backed a controversial rescue deal.

One of the UK and Ireland's biggest budget hotel operators is set to walk away from 49 of its hotels and write off £700m (€892m) of its debts under a controversial rescue deal.

One of Britain’s biggest budget hotel operators was today considering walking away from up to 50 of its sites to help tackle its £500m (€638m) debt mountain.

Former Liverpool chairman David Moores has defended the deal struck with Tom Hicks and George Gillett for the sale of the club three years ago.

DUBAI interests may again emerge as the main player in the battle to buy Liverpool.

Dubai interests may again emerge as the main player in the battle to buy Liverpool.

Liverpool’s co-owners Tom Hicks and George Gillett have attempted to start an auction for the Anfield club.

A consortium of wealthy Nigerians are planning to take over Newcastle United, according to a report in Africa.

NEWCASTLE owner Mike Ashley was yesterday casting his net ever wider in the search for a buyer as several potential investors denied any interest.

Mike Ashley will today continue his quest to find a buyer for Newcastle, after proving unsuccessful with his initial efforts to secure a sale.

Fears have been expressed today over the future of Liverpool’s bid to sign Gareth Barry as the club’s ownership battle threatens to flare up again.

Liverpool co-owners George Gillett and Tom Hicks have announced that work on the club’s new £350m stadium is to begin imminently.

Budget hotel chain Travelodge continued its expansion today by announcing the addition of seven new sites to its portfolio in a £70m (€88.4m) investment.

FRESH doubts have been raised over Liverpool co-owner Tom Hicks’ ability to fund the club’s proposed new home in Stanley Park following a shock decision to delay the building of a stadium in Texas.

Fresh doubts have been raised over Liverpool co-owner Tom Hicks’ ability to fund the club’s proposed new home in Stanley Park following a shock decision to delay the building of a stadium in Texas.

LIVERPOOL end a turbulent campaign at Tottenham tomorrow with little sign that a season of constant turmoil will be followed by a peaceful summer.

LIVERPOOL legend Kenny Dalglish has called on the boardroom’s warring factions to sort out their differences quickly for the good of the club.

Crisis-torn Super Aguri today finally withdrew from the 2008 Formula One world championship.

Automotive company Weigl Group are set to launch a bid to bankroll the cash-strapped Super Aguri team, according to a report on autosport.com today.

LIVERPOOL fans’ groups have been assured that Jose Mourinho has not been offered Rafael Benitez’s job as boss at Anfield.

Liverpool fans’ groups have been assured that Jose Mourinho has not been offered Rafael Benitez’s job as boss at Anfield.

KIMI RAIKKONEN yesterday gave further credence to the suggestion he will be the man to beat in tomorrow’s Spanish Grand Prix in Barcelona.

Anthony Davidson and Takuma Sato may again have propped up the timesheets at the end of first practice for Sunday’s Spanish Grand Prix, but the remarkable fact was they were there at all.

Liverpool co-owner Tom Hicks has gone against police advice not to attend tonight’s Champions League semi-final clash with Chelsea.

Tom Hicks today branded Rick Parry’s time as Liverpool chief executive “a disaster” and warned co-owner George Gillett that the stalemate over the club’s future will continue until he agrees to sell his stake.

Aguri Suzuki has revealed he is “forced to consider the future” of his Formula One team after a potential investor pulled the plug on a multi-million pound deal.

A lawyer specialising in shareholder disputes claims Liverpool co-owner Tom Hicks’ request chief executive Rick Parry resigns is further evidence of the problems in resolving the long-term ownership of the club.

Liverpool’s season of boardroom turmoil took another astonishing turn today when co-owner Tom Hicks asked for the resignation of chief executive Rick Parry.

Liverpool chief executive Rick Parry believes the Reds’ ownership saga is coming “to a head” and has called on the club’s American co-owners to find a solution as quickly as possible.

GEORGE GILLETT yesterday revealed his relationship with fellow Liverpool co-owner Tom Hicks “has been unworkable for some time”.

George Gillett today revealed his relationship with fellow Liverpool co-owner Tom Hicks “has been unworkable for some time”.

Liverpool co-owner George Gillett has finally broken his silence on his strained relationship with Tom Hicks.

Football finance expert Professor Chris Brady has dismissed Tom Hicks’ termination of Liverpool takeover talks with Dubai International Capital (DIC) as a “negotiation manoeuvre” and expects the deal to be wrapped up by June.

Co-owner Tom Hicks has refuted claims that he blocked an attempt to have a Liverpool fan installed on the Anfield board during negotiations with Dubai International Capital over their potential investment in the club.

Dubai’s ruling family have not given up hope of buying a stake in Liverpool despite the club’s co-owner Tom Hicks breaking off negotiations.

Liverpool’s co-owner Tom Hicks on Monday night threw the future of the club back into turmoil by terminating discussions with the Dubai royal family.

Talks to buy a stake in Liverpool are at an "advanced" stage, Dubai International Capital (DIC) confirmed today.

Liverpool 3 Newcastle 0

The figurehead of Dubai International Capital’s attempt to buy into Liverpool has revealed the potential investors are willing to enter into a power-sharing agreement with current co-owner Tom Hicks.

Tom Hicks is expected in London early next week to discuss the future of Liverpool with Dubai International Capital.

Liverpool co-owner George Gillett is still considering an offer from Dubai International Capital to buy his 50% stake in the club.

Liverpool fans have given a cautious welcome to Dubai International Capital’s takeover bid, urging their American owners to accept the offer.

Liverpool’s suitors Dubai International Capital were awaiting developments this morning following their latest attempt to take over the club.

RAFAEL BENITEZ will be hoping that his team can concentrate on the crucial task of securing fourth place in the Barclays Premier League tonight.

LIVERPOOL co-owner Tom Hicks has not formally rejected Dubai International Capital’s reported offer for the club but remains unwilling to sell his stake, a source close to the American has revealed.

Liverpool co-owner Tom Hicks has not formally rejected Dubai International Capital’s reported offer for the Premier League club, but remains unwilling to sell his stake, a source close to the American has said.

Dubai International Capital today denied a “timeline” has been put on any offer for Liverpool.

RAFAEL BENITEZ insisted his skipper Steven Gerrard is “100% committed to Liverpool” just an hour before finally completing the £18.6million permanent signing of Javier Mascherano yesterday.

Bolton has never been a happy hunting ground for Rafael Benitez, who suffered his first defeat on English soil there and was a loser last term at the Reebok stadium.

MIDFIELDER Javier Mascherano claims he is now “really close” to finalising a permanent deal with Liverpool.