Liverpool have agreed an out-of-court settlement with former owners Tom Hicks and George Gillett over the sale of the club in 2010.

The Americans were unhappy with the way a sale to Fenway Sports Group (then New England Sports Ventures) was concluded by Sir Martin Broughton, Christian Purslow and Ian Ayre, who were respectively Liverpool chairman, managing director and commercial director at the time.

Hicks and Gillett subsequently made a number of claims and allegations against the trio, which were all denied, and resulted in legal proceedings. However, all parties have come to a confidential agreement which has resulted in all allegations being withdrawn and the court case being concluded.

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