Parry snubs Hicks quit demand

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The club's chief executive hit back on another astonishing day of boardroom turmoil at Anfield. It was revealed on Thursday Hicks had sent a three-page letter to Parry insisting he tender his resignation, as the battle for control at the club reached a new level of embarrassment for British football's most successful club.

Parry, chief executive for more than 10 years, will formally refuse to quit by return of post. In a statement released to PA Sport, Parry made it clear he is prepared to take on Texan co-owner Hicks, saying: "It is my intention to remain focused on the job of serving Liverpool Football Club to the best of my abilities at this very important time of our season."

It is also believed Parry is seeking legal advice over his concern Hicks' demand had not been discussed at board level first.

There is also disquiet over claims Hicks' son, Tom Jnr. is alleged to have been sending texts to fans' groups over the issue of Parry's continued involvement at the club, and that could also be part of the legal discussions.

Parry clearly believes he has the backing of the club's other co-owner George Gillett, and it is known potential buyers Dubai International Capital have no plans to oust the man responsible for the day-to-day running of the club if they eventually buyout the Americans.

In a further development, DIC chief executive Sameer Al Ansari said the consortium would "still love to own" the club.

Sources close to Al Ansari also insisted he did not tell an Arabian business magazine DIC were prepared to pull out of negotiations.