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Barclays Capital is to advise Liverpool on the sale of the club and Martin Broughton has been appointed as a new chairman at Anfield.

The debt-ridden Reds have been shrouded in uncertainty regarding the future of controversial co-owners Tom Hicks and George Gillett for the majority of the season, with reports linking numerous parties with a potential bid for the Premier League outfit.

Manager Rafa Benitez's status has been clouded by the financial insecurity on Merseyside and he has repeatedly been linked with a summer move to Serie A giants Juventus.

But the news that Barclays Capital and British Airways chairman Broughton have been brought in has been accompanied by an announcement from Hicks and Gillett that they want to sell.

A statement on Liverpool's official website read: "Following numerous expressions of interest from third parties, the club has engaged Barclays Capital to advise on the sale process. The club has the full support of its existing bankers for this process and has financing in place which will fully support the club's operations.

"Mr. Broughton, currently chairman of British Airways PLC and deputy president of the Confederation of British Industry, will work alongside the club's existing management team of Managing Director Christian Purslow, Commercial Director Ian Ayre and Financial Director Philip Nash."
Distinguished

Hicks and Gillett said in a statement: "Owning Liverpool football club over these past three years has been a rewarding and exciting experience for us and our families.

"Having grown the club this far we have now decided together to look to sell the club to owners committed to take the club through its next level of growth and development.

"We are delighted that Martin Broughton has agreed to take the position of chairman, working alongside the club's excellent senior management team.

"Martin is a distinguished business leader of excellent judgment and with a great reputation. He is a genuine football supporter and will seek to oversee the sales process in the best interests of the club and its supporters."

Broughton said in a statement: "I am excited and honoured to be taking up this position.

"Liverpool is a great club with a fantastic history. I will run this sale process in the right way, for the benefit of the club and its fans.

"Liverpool is one of the world's greatest clubs and my aim is to try and ensure that we find new owners who are able to build on the club's recent improved financial performance in order to help deliver sporting success."

btajim wrote:Will this affect our bid for Torres this Summer?

Vhero wrote:

btajim wrote:Will this affect our bid for Torres this Summer?

No doubt if they get a very rich owner we can pretty much kiss that idea goodbye.

Syrian businessman Yahya Kirdi claims he is in advanced talks about buying Liverpool.

Liverpool co-owners Tom Hicks and George Gillett are reported to be finally willing to sell their stake in the club after hiring Barclays Capital to find new owners.

A number of potential investors have been linked with a move for the Anfield outfit and now former Syria international Kirdi is ready to end Hicks and Gillett's time on Merseyside.

Former Celtic player Andy Lynch has been brought in by Kirdi to act as a go-between in the deal and he is hopeful a takeover could be completed soon.

"Talks are on-going with Tom Hicks and George Gillett and are at an advanced stage," Lynch told the Daily Mirror.

"The planned buy-out will have massive implications for Liverpool. Liverpool aren't the force they were so this is just what they need.

"I've been to Anfield on business recently and I'm acting as the go-between in the whole deal.

"Hopefully it's not too much longer before it's all done and dusted."

Vhero wrote:

Syrian businessman Yahya Kirdi claims he is in advanced talks about buying Liverpool.

Liverpool co-owners Tom Hicks and George Gillett are reported to be finally willing to sell their stake in the club after hiring Barclays Capital to find new owners.

A number of potential investors have been linked with a move for the Anfield outfit and now former Syria international Kirdi is ready to end Hicks and Gillett's time on Merseyside.

Former Celtic player Andy Lynch has been brought in by Kirdi to act as a go-between in the deal and he is hopeful a takeover could be completed soon.

"Talks are on-going with Tom Hicks and George Gillett and are at an advanced stage," Lynch told the Daily Mirror.

"The planned buy-out will have massive implications for Liverpool. Liverpool aren't the force they were so this is just what they need.

"I've been to Anfield on business recently and I'm acting as the go-between in the whole deal.

"Hopefully it's not too much longer before it's all done and dusted."

http://www.skysports.com/story/0,19528, ... 57,00.html

Also

http://www.liverpoolfc.tv/eseason/News- ... s_rightnav

New owners HAVE to build a new stadium or there bid will not be looked at basically?? That's gonna make things string along a lot longer than needed.