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Duo agree Liverpool takeover deal


Scottish Mag
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American duo George Gillett and Tom Hicks have reached an agreement to buy Liverpool in a deal thought to be worth £470m, BBC Sport understands.

 

The pair announced their buy-out to the Stock Exchange on Tuesday.

 

Liverpool chairman David Moores, who will become an honorary life president, said: "This is a great step forward, its shareholders and its fans."

 

The club have called a news conference at 1400 GMT to announce the details of the takeover.

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