Hicks looks to private equity to keep Liverpool (AP)
International Football Related News
Liverpool co-owner Tom Hicks is launching another bid to keep hold of the Premier League club by securing financing from a private equity company. Hicks along with co-owner George Gillett Jr. had put the club up for sale in April, saying they lacked the funding to take Liverpool forward, on and off the pitch, due to its debt of 237 million pounds ($370 million).
Source: Yahoo! Sports - World Soccer News