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Tom Hicks and George Gillett will share a £50m bonanza when Dubai International Capital finally buy Liverpool, writes Chris Bascombe.

That's an astonishing £65,000 a day EACH for 12 months of turmoil on Merseyside. The Arabs are closing in on the deal which will end the Americans' reign.

Negotiations have reached a key stage, with Gillett (below) now most likely to be first to end his association with the club.


Hicks remains the main obstacle as the Arab investment group seek a swift conclusion.

The club is now valued at around £400m, but £350m of this figure forms recently incurred debt. That means if both Americans were to sell now, they'd share a £50m profit for a year of disarray.

Hicks has first option on Gillett's shares under the terms set when the duo joined forces in 2007.

The nightmare scenario for all parties has been for Hicks to take up this option and assume sole ownership.

However, with Liverpool still facing major financial concerns as they look to fund a £300m stadium on Stanley Park, even Hicks' hardline stance has softened in recent days.


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