LONDON: Liverpool's crisis escalated Tuesday after the debt-ridden club's American owners opposed two new takeover bids and attempted to remove two senior board members.
Co-owners Tom Hicks and George Gillett Jr. won't accept either bid because they would not earn a significant profit. The bidders are only willing to pay about 300 million pounds ($477 million).
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!