Finance expert expects DIC deal to be done

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.

Hicks ended discussions on Monday, insisting in a statement he was not interested in jointly running the club “by committee” with DIC and vetoed their proposal to buy out 49% of co-owner George Gillett’s 50% stake.