The takeover of Liverpool by Boston Red Sox owner John W Henry has moved significantly closer after it emerged the Premier League have rejected an attempt by a hedge fund to submit to their owners’ and directors’ test.

Prospective new Liverpool owner John W Henry has begun his dialogue with fans, expressing his hope that the ownership issue is "sorted out soon".

Liverpool co-owner Tom Hicks has moved a step closer to selling the Texas Rangers Major League Baseball franchise in a move that could free up funds for his indebted Premier League club.

George Gillett has called on his Liverpool co-owner Tom Hicks to stop causing turmoil at the club and insisted he will never sell his shares to his fellow American.

Rafael Benitez will decide on his Liverpool future once the Champions League campaign is over as club chief executive Rick Parry signaled he wants to clear the air with the Reds manager.

Liverpool 4 Arsenal 2 (Liverpool win 5-3 on aggregate)

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.

Liverpool's American owners' have again delayed an announcement of a successful refinancing deal but an agreement should be made public tomorrow or Monday.

Liverpool owners Tom Hicks and George Gillett are unlikely to sell the club unless they receive an offer "which makes no financial sense", according to a business expert.

Liverpool co-owner Tom Hicks insisted Sunday he has no intention of accepting an offer for his stake in the club.

George Gillett has pledged his full support to Rafael Benitez after holding clear-the-air talks with the Liverpool boss.

American Idol winner Taylor Hicks has filed a lawsuit in an effort to stop the release of his first recordings.