DIC could leave Hicks in control

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Amanda Staveley, DIC's lead negotiator, told the Daily Telegraph the Dubai government's private equity arm "would be prepared to accept a 49% shareholding in Liverpool FC".

She said: "Subject to renegotiation of a partnership agreement and subject to the usual stringent minority shareholder protection rights we would be prepared to accept a 49 per cent shareholding in Liverpool FC."

She continued: "We have decided that this arrangement provides the best possible solution to the situation and would be in the best interests of the club and their loyal fans."

As speculation heightened about the future of Hicks and fellow American George Gillett's future at Anfield in recent weeks it emerged that while the latter is apparently open to selling, the former is keen to see it out on Merseyside.

And Staveley has indicated Hicks is likely to get his wish.