Rapid completion of Liverpool takeover indicates fans’ faith

LIVERPOOL’S new owners completed their takeover yesterday in a remarkable eight weeks.

Rapid completion of Liverpool takeover indicates fans’ faith

The lure of the dollar has seen Liverpool fans almost falling over themselves to sell their shares at £5,000 each to George Gillett and Tom Hicks, the American sports moguls who aim to spend £470m changing the fortunes of the Anfield giants forever.

Yesterday, ahead of the Stock Exchange opening, Gillett and Hicks announced they had secured 98.6% of the club’s shares, and would now apply to take the club into private ownership, ending the need to hold annual general meetings.

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