The Hicks Sports Group (HSG) confirmed Galatioto Sports Partners have been retained to examine the possibility of securing new investors or selling a majority stake in the franchise.
Last month, HSG announced they had reached a definitive agreement to sell Major League Baseball side the Texas Rangers for about £360 million.
It appears Hicks is trying to re-organise his finances on a major scale but what this latest announcement means for Liverpool remains to be seen.
Recent reports suggest Liverpool require a £100 million cash injection before the summer or Hicks and co-owner George Gillett will face a decision over whether to sell the club when the current debt-refinancing agreement ends in July.
It has been claimed the Royal Bank of Scotland and Wachovia - the banks with whom Liverpool currently have a refinancing deal - are putting pressure on the club to find new investment to help better manage their reported £237 million of debt.
Liverpool chief executive Christian Purslow has been tasked with finding the new investment and is in talks with five or six potential suitors.
Source : http://soccernet.espn.go.com/news/story?id=736705&sec=england&cc=4716
Last month, HSG announced they had reached a definitive agreement to sell Major League Baseball side the Texas Rangers for about £360 million.
It appears Hicks is trying to re-organise his finances on a major scale but what this latest announcement means for Liverpool remains to be seen.
Recent reports suggest Liverpool require a £100 million cash injection before the summer or Hicks and co-owner George Gillett will face a decision over whether to sell the club when the current debt-refinancing agreement ends in July.
It has been claimed the Royal Bank of Scotland and Wachovia - the banks with whom Liverpool currently have a refinancing deal - are putting pressure on the club to find new investment to help better manage their reported £237 million of debt.
Liverpool chief executive Christian Purslow has been tasked with finding the new investment and is in talks with five or six potential suitors.
Source : http://soccernet.espn.go.com/news/story?id=736705&sec=england&cc=4716
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