328 hicks and gillett

The Liverpool FC ownership saga

  • Liverpool FC announce new owners

    Liverpool FC announce new owners
    American tycoons Tom Hicks and George Gillett come to an agreement to take over Liverpool FC in a deal worth £174m.
  • Owners promise funds

    Owners promise funds
    American pair Hicks and Gillett announce serious funds will be available in the summer for Rafael Benitez.
  • Liverpool break club transfer record

    Liverpool break club transfer record
    Hicks and Gillett make substantial money available and buy Spanish striker Fernando Torres for a club record £20m
  • Communications begin to break down

    Communications begin to break down
    Friction begins to appear between Liverpool manager Rafael Benitez and the American owners Tom Hicks and George Gillett over the transfer funds available.
  • Fans protest against owners

    Fans protest against owners
    Liverpool supporters, who formed the Spirt of Shankly, protest against the American owners before, during and after the 2-2 draw with Aston Villa. Urging them to sell up.
  • American owners fall out

    American owners fall out
    Reports emerge that Liverpool's two American owners are barely even on speaking terms.
  • Gillett denies promises and criticises Benitez

    Gillett denies promises and criticises Benitez
    George Gillett criticises Rafael Benitez and states the club are in a better position financially than Manchester United and Chelsea. He also goes on deny he made promises of a new stadium being built 'withing 60 days of the takeover'.
  • Christian Purslow appointed managing director

    Christian Purslow appointed managing director
    Hicks and Gillett appoint, financial expert and Liverpool supporter, Christian Purslow as managing director. He is given a brief to find £100m of fresh investment.
  • Liverpool sell star play to Madrid

    Liverpool sell star play to Madrid
    Tension between the fans and the owners increase, as they sell star player Xabi Alonso to Real Madrid in a deal worth £30m.
  • Fans and owners relationship hits an all time low

    Fans and owners relationship hits an all time low
    The relationship between the Liverpool fans and owners hits a new low as Tom Hicks Jnr. a senior board member, sends an abusive email to a Liverpool fan. Which ultimately leads to his resignation and the appointment of Ian Ayre.
  • Owners appoint Christian Purslow

    Owners appoint Christian Purslow
    Liverpools American owners appoint Brittish Airways chairman, Martin Broughton. Broughton is brought in to over look the sale of the club. The owners also release a statement stating they believe they have taken Liverpool as far as they can.
  • Papers report two different bids for Liverpool

    Papers report two different bids for Liverpool
    Reports circulate that DIC (Dubai International Corporation) are ready to bid £500m for the club. On the same day, Chinese investor Kenny Huang states he has the funds to sign any player Liverpool want.
  • Hicks attempts to regain control

    Hicks attempts to regain control
    In a bid to regain control, co-owner Tom Hicks attempts to finance the £237m debt to the Royal Bank of Scotland. If unable to find the fresh credit, the Texan could be forced to relinquish his investment.
  • Liverpool are saved as John W. Henry buys the club

    Liverpool are saved as John W. Henry buys the club
    Owner of the Boston Red Sox, John W. Henry, saves the club from there four year ownership horror by buying the club for £300m, thus ending the ownership saga.
  • Former co-owner tries to sue Liverpool

    Former co-owner tries to sue Liverpool
    Tom Hicks, the former co-owner of Liverpool FC, attempts to sue the club and its new owners for $1bn (£620m) of damages. The high court blocks his attempts to sue the club and he eventually fails in his efforts.
  • RBS date looms for Liverpool

    RBS date looms for Liverpool
    With NESV proposed to have bid for Liverpool, the club face having to pay a £60m penalty if no new owners are found.