The proposed sale of Gillett's stake in Liverpool will not be derailed by co-owner Tom Hicks' fury over the alleged leaking of private letters over the deal. Hicks' representatives will meet Dubai International Capital executives in the middle-east state early next week to thrash out what will become a virtual joint ownership of the Anfield club.
Texan millionaire Hicks has reacted angrily to the publication of a letter - on Liverpool-headed note paper - which outlines the details of a potential buy-out of Gillett's stake in the club, with 1% being bought by Hicks to give him a 51% majority control of the club. But Hicks has been angered by leaked details of negotiations, and has blasted DIC's chief negotiator Amanda Staveley for an alleged involvement in the leak.
Hicks is clearly upset that there are suggestions that although he will buy 1% of Gillett's stake, that is the beginning of a process which will see DIC eventually buy-out the Texan owner of Dallas Stars basketball side and the Texas Rangers' baseball franchise. Sources accept that DIC do want to take full 100% control eventually, but in the short-term they are happy to accept Hicks' demands that he remains the majority share-holder.
Hicks claims that DIC are only one several possible investors, with the possibility of further American involvement. But Gillett wants to sell and will accept a deal next week which sees him getting an 80 million pounds profit on his stake, while selling 1% to Hicks for 500,000 pounds.
The Hicks' family staged a show of strength at Anfield today when a large party of Americans - including members of Hicks' family - took centre stage seats in the directors' box for the 3-0 Barclays Premier League win over Newcastle.
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