UK - DIC consider new Liverpool FC approach

The American pair are having difficulties refinancing the approximately £300m worth of debt used to fund the takeover and are in talks with DIC about a possible sale. The club would cost DIC around £500m.

Hicks and Gillet paid £174.1m for a 100% holding in Liverpool last February and agreed to take on debt of £44.8m. RBS supplied the £300m debt package, which was arranged as a bridge loan.

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