Yanks for nothing

Liverpool owners Tom Hicks and George Gillett have finally formally announced that they are going to put the club up for sale. The owners, who have riled fans with a huge debt and an inability to provide Rafael Benitez with the transfer budget he wants, have appointed British Airways boss Martin Broughman (who is a life-long Chelsea fan, funnily enough) as chairman, who will oversee the sale of the club. The news will please Liverpool fans in the short term, but the question of who is going to come in and take the place of the Americans is still up in the air.

‘Owning Liverpool Football Club over these past three years has been a rewarding and exciting experience for us and our families,’ lied a joint statement. ‘Having grown the club this far we have now decided together to look to sell the club to owners committed to take the club through its next level of growth and development.

‘We are delighted that Martin Broughton has agreed to take the position of chairman, working alongside the club's excellent senior management team. Martin is a distinguished business leader of excellent judgment and with a great reputation. He is a genuine football supporter and will seek to oversee the sales process in the best interests of the club and its supporters.’

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