Football

Barclays to assess Liverpool options

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Barclays has been brought in by the owners of Liverpool in a move that could lead to the sale of the business, it has emerged.

The bank, which is the main sponsor of the Premier League, is to assess the options for the club through its Barclays Capital arm.

It is thought the move would calm fears about Liverpool amid ongoing disagreements between the team's American owners, Tom Hicks and George Gillett, over strategy and financing.

Liverpool, which has been the subject of refinancing speculation recently, will also install Martin Broughton of British Airways as chairman as part of the move.

It is understood lender Royal Bank of Scotland will continue to be involved with the club, despite reports that Barclays would move to replace existing banks RBS and US firm Wachovia.

Barclays and a spokesman for Liverpool's owners declined to comment on Sunday.

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Topics:
Football
Premier League
Liverpool

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