Liverpool have agreed an out-of-court settlement with former owners Tom Hicks and George Gillett over the sale of the club in 2010.

Liverpool have agreed an out-of-court settlement with former owners Tom Hicks and George Gillett over the sale of the club in 2010.

Former Liverpool managing director Christian Purslow has revealed the Anfield club was one day away from administration before being sold to current owners Fenway Sports Group.

Liverpool have reported a loss of almost £50m for the last financial year as a result of failed new stadium costs and pay-offs to former manager Roy Hodgson and other staff.

Bank bosses involved in a sale of Liverpool Football Club today asked a High Court judge to declare them not guilty of “any dishonesty or corruption”.

Liverpool have confirmed the departure of former managing director Christian Purslow from the club.

Liverpool manager Kenny Dalglish insists he has not discussed potential transfer targets for the current window and does not even know whether the subject is up for discussion with principal owner John Henry, who is in town for this weekend’s Merseyside derby.

Liverpool’s principal owner John Henry will be at Anfield for Sunday’s Merseyside derby as part of an extended visit to assess progress at the club since his October purchase.

IN 1998, Arsenal won the Double playing some of the best counter-attacking football the English game had ever seen. Arsene Wenger, whose arrival had been greeted with scepticism verging on derision, had transformed the club in less than two years.

LIVERPOOL manager Roy Hodgson does not feel threatened by predecessor Rafael Benitez’s arrival back on Merseyside, admitting it would be “surprising” if the Spaniard was considered the man for the club’s future.

Liverpool owners New England Sports Ventures have appointed global headhunters Spencer Stuart to begin a worldwide search for the club’s new chief executive.

Liverpool owner John W Henry has revealed manager Roy Hodgson was surprised to learn of Damien Comolli’s appointment as director of football strategy.

Harry Redknapp was today waiting to discover whether he would be charged for his outspoken attack on referee Mark Clattenburg.

RAFAEL BENITEZ last night suggested Tottenham had one eye on their clash with his Inter Milan side when they lost at Manchester United on Saturday.

Liverpool manager Roy Hodgson has dismissed rumours suggesting he was on the verge of quitting.

LIVERPOOL manager Roy Hodgson has admitted Wayne Rooney’s desire to leave Manchester United could mean his star striker Fernando Torres is targeted by their arch-rivals.

Liverpool manager Roy Hodgson does not feel his position is under any greater threat now Christian Purslow, the man who helped appoint him, has left his role as managing director.

Liverpool managing director Christian Purslow has decided to stand down from his role following the successful sale of the club.

RAFAEL BENITEZ reckons Inter Milan will face a better Tottenham side tonight than the one that beat his Liverpool team to fourth place in the Barclays Premier League last season.

Rafael Benitez today launched a cryptic attack on Liverpool’s ousted owners and current managing director Christian Purslow.

Liverpool could have new owners by mid-afternoon if events in a Texas courtroom go their way today.

LIVERPOOL’S complicated ownership issues could finally be concluded several thousand miles away today when a court in Texas reconvenes.

Liverpool’s complicated ownership issues could finally be concluded several thousand miles away tomorrow when a court in Texas reconvenes, it has emerged tonight.

Liverpool again moved to the brink of new ownership after a British High Court judge dismissed an injunction preventing the sale of the club.

Liverpool co-owner Tom Hicks remains in control of his share of the club and has not sold out to Mill Financial, Press Association Sport has been told.

THE battle for control of Liverpool took a sensational twist late last night after owners Tom Hicks and George Gillett claimed to have won a temporary restraining order from the Texas State District Court preventing the sale of the club.

Liverpool owners Tom Hicks and George Gillett claim they have won a temporary restraining order from the Texas State District Court preventing the sale of the club and are now seeking $1.6bn (€1.2bn)in damages.

American businessman John Henry looks to be one step closer to completing his takeover of Liverpool after arriving at the London offices of the legal firm where the club’s board are meeting to discuss the sale.

Liverpool chairman Martin Broughton is convinced the club now has "a great future" following a momentous day in the British High Court.

The High Court today granted injunctions that could open the way for the prompt sale of Liverpool.

A ruling is expected in the High Court this morning which could have far-reaching consequences for the future of Liverpool.

LIVERPOOL’s immediate future is set to be decided by Mr Justice Floyd in Britain’s High Court today after a day of twists and turns both inside and outside the courtroom.

Liverpool’s immediate future is set to be decided by Mr Justice Floyd in the High Court in Britain tomorrow after a day of twists and turns both inside and outside the courtroom.

Liverpool’s immediate future is set to be decided by Mr Justice Floyd in the High Court tomorrow after a day of twists and turns both inside and outside the courtroom.

Liverpool owners Tom Hicks and George Gillett feel their position has been strengthened by a new bid to buy the club by Singapore businessman Peter Lim but the High Court will decide whether negotiations should be reopened.

Liverpool's major creditors the Royal Bank of Scotland will today seek High Court confirmation that the club's owners Tom Hicks and George Gillett are in breach of contract and not in a position to block a sale.

THE Royal Bank of Scotland (RBS) has obtained an injunction preventing Liverpool owners Tom Hicks and George Gillett from sacking independent chairman Martin Broughton or any other board members ahead of today’s court case.

The Royal Bank of Scotland has obtained an injunction preventing Liverpool owners Tom Hicks and George Gillett from sacking independent chairman Martin Broughton or any other board members ahead of tomorrow's court case.

The battle for the ownership of Liverpool will begin in London’s High Court after it was confirmed proceedings are scheduled to begin tomorrow.

Liverpool chief executive Christian Purslow is confident the proposed £300m (€344.2m) sale of the club to New England Sports Ventures will go through.

Liverpool remain confident of success in their High Court showdown with their American owners despite Tom Hicks denying he ceded control of the club to chairman Martin Broughton.

Liverpool co-owner Tom Hicks is determined to fight to hang on to control of the club after refusing to recognise chairman Martin Broughton’s authority.

The boardroom battle at Liverpool is set to be decided in court after owners Tom Hicks and George Gillett challenged the validity of the £300m (€344m) sale to New England Sports Ventures after failing in a boardroom coup.

Liverpool chairman Martin Broughton expects the £300m (€344m) sale of the club to be completed “in about a week”.