Hicks denies plans to sell Reds stake

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The Texan billionaire claims he is completely committed to Liverpool and has rejected reports that he has invited Dubai International Capital (DIC) to inspect the club's accounts in preparation for a takeover.

Hicks said in a statement: "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 added: "The reality is that I am personally, professionally and financially committed to the club and its supporters and that I will continue to honour that commitment to the best of my ability now and in the future."

Hicks and co-owner George Gillett have failed to shake off the belief that they are considering selling the club despite completing a £350million refinancing package last month.

It is understood Hicks has been in talks with DIC since the refinancing package was announced on January 25.

There has also been a breakdown in relations between the two Americans, fuelling suggestions that DIC may look to buy Gillett's stake in Liverpool.

Hicks will also be aware that he is unpopular on Merseyside - his son Thomas Jr was chased out of a pub by angry fans following Liverpool's match at Anfield on Saturday.