Moores calls for speedy Liverpool FC sale
DAVID Moores, who sold Liverpool to George Gillett Jr and Tom Hicks, has called on the American owners to “stand aside” and not “punish the supporters any more”.
Mr Moores sold the club three years ago for £202m and made £88m from the deal. But the new owners have been unpopular with fans for loading debts of around £350m on to the club.
Pressure to repay these debts has led Gillett and Hicks put the club up for sale and bring in British Airways’ chairman Martin Broughton to oversee the process.
In a letter to The Times Mr Moores wrote that Gillett and Hicks, “risk damaging a sporting institution of global renown and if they have a conscience or nobility they will stand aside and allow new owners to take over the club”.
The letter also explains why Moores sold the club and why the bids from Thaksin Shinawatra and Dubai International Capital failed. Mr Moores does not offer an apology but admits he, “hugely regrets selling the club” to the Americans.
