DIC willing to leave Hicks in control

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.

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.

Amanda Staveley, DIC’s lead negotiator, stated the Dubai government’s private equity arm “would be prepared to accept a 49% shareholding in Liverpool FC”.

As speculation heightened about the future of Hicks and fellow American George Gillett’s future at Anfield in recent weeks it emerged that while the latter is apparently open to selling, the former is keen to see it out on Merseyside.

And Staveley has indicated Hicks is likely to get his wish.

She said: “Subject to renegotiation of a partnership agreement and subject to the usual stringent minority shareholder protection rights we would be prepared to accept a 49 per cent shareholding in Liverpool FC.

“We have decided that this arrangement provides the best possible solution to the situation and would be in the best interests of the club and their loyal fans.”

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