Tom Hicks and George Gillett Jr, the Liverpool owners, have signalled that they are ready to sell their stake at Anfield after engaging Merrill Lynch, the investment bank, to find a buyer for the club.

(Photo: Christopher Furlong/Getty Images)

Although the Liverpool owners denied yesterday that Merrill Lynch has been engaged, The Times understands that auditors looked at Liverpool’s books last week with a view to finding a buyer. So far, the search appears to be unsuccessful.

Sheikh Mohammed, the Crown Prince of Dubai, has maintained a longstanding interest in acquiring Liverpool but has balked at the price tag set by the American pair, which is upwards of £550 million.

The owners admitted last month that plans for a new stadium in Stanley Park have been put on hold indefinitely. RBS is bracing itself for a campaign of protest by the Spirit of Shankly, a Liverpool supporters’ union.

An offer from Dubai of £500million has been on the table for many months, but there has been minimal contact between the Sheikh’s representative, Amanda Staveley, and the American camp over the past few months.

Rumours of interest from Robert Kraft have swirled around Anfield in the past few weeks but it is not believed that the owner of the New England Patriots American football team is a viable bidder for Liverpool.

Source: The Times

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