Tom Hicks Is "Toxic" In Liverpool
They could have already sold the club at a discount if they wanted: Last month Chinese businessman Kenny Huang and a "Syrian businessman" made significantly lower offers. But Hicks said thanks but no -- because how else is he going to recoup his losses on the Texas Rangers and Dallas Stars, remember?
Barclays Capital's Martin Broughton, brought in to find a taker for the team, keeps insisting he'll find someone willing to pay what Hicks wants (because, look, Gillett would have gotten out for Ed Monix and a washing machine at this point). But as The Independent puts it this morning: "There are doubts as to whether he can compel the Americans to sell at a price unacceptable to them, which has been the underlying cause of the failure to find a buyer. Now RBS may be preparing for an endgame in which, with the bank unwilling to refinance their loans, the Americans really will have no choice but to sell at a realistic market price of perhaps £300m."