Former Liverpool owner slams Hicks and Gillett 26/05/2010 |
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Former Liverpool owner David Moores has admitted he "hugely regrets" selling the club to George Gillett and Tom Hicks.
Moores sold Liverpool to the American duo in 2007 but they have been unpopular with fans after leveraging the club with debt, which now stands at £351m.
Hicks and Gillette have brought in former British Airways chairman Martin Broughton to help them sell the club – and Moores wants them to accept a deal sooner rather than later.
In a letter to The Times newspaper, he wrote: “It has been hard for me, sitting mute on the sidelines as the club I love suffers one blow after another.
“I call upon them to stand back, accept their role in the club’s current demise, and stand aside with dignity.”
Moores said that Hicks and Gillett “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 former owner explained that he was looking for a “fantasy investor – the infinitely wealthy Liverpool-loving individual or family with the wherewithal to transform our dreams into reality”.
“We had looked at George Gillett’s affairs in detail and he came up to scratch,” he wrote. “To a great extent, we took Tom Hicks on trust, on George’s say-so.”
Moores claims the share offer “was laid out in unambiguous terms”. He added: “The document pledged there would be no debt placed upon the club, and significant funds would be made available for investment in the squad and the new stadium.”
Moores said he saw no need to apologise but admitted to making “honest mistakes” while acting in the “best interests of the club”.
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