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Hicks denies he plans to sell stake in Liverpool FC

Liverpool co-owner Tom Hicks insisted on Tuesday he was not planning to sell his stake in the club after reports in the British press said the American had been in talks with Dubai Investment Capital (DIC) about a takeover at Anfield.

Hicks, who owns 50 percent of Liverpool with the other half of the club's shares controlled by his American business partner George Gillett, said in a statement that such reports were a fabrication.

"Reports that I am about to sell my stake in the Liverpool Football Club, or to invite DIC to examine the club's books in preparation for such a sale -- like other such reports planted in the UK press in recent weeks by parties with their own self-interested agenda -- are absolutely and categorically false," he said.

"The reality is that I am personally, professionally and financially committed to the club and its supporters and that I will continue to honor that commitment to the best of my ability now and in the future," he said.

Hicks and Gillett have had a fraught relationship with Liverpool manager Rafael Benitez.

And their standing on Merseyside wasn't helped when it emerged they'd been in talks with Jurgen Klinsmann regarding the possibility of the former Germany coach taking over in the event Benitez left.
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