Tom Hicks has suffered a major setback in his attempt to regain control of Liverpool Football Club. Blackstone GSO have reportedly snubbed his request for aid in refinancing the clubs debt to RBS.Over the weekend, following the news of his board meeting in London with Martin Broughton et al, Liverpool fans all over the world reacted angrily and voiced their displeasure at the Texan's latest plan.
The owner of Blackstone GSO, the American Billionaire Steve Schwarzmann, is a close personal friend of Hicks, and is the third richest man in America. This latest move was seen by some as a last desperate attempt to cling on to Liverpool for a further 2 years, while new owners were being sought out.
However, The Guardian has reported that Schwarzmann has walked away from the deal without comment and this can only mean that Hicks has failed.
There are still two weeks remaining until the current loans against Kop Holdings mature, however it seems unlikely that any buyers will come forward in that time. Indeed, it is estimated by many that there are many buyers waiting in the wings in order to get the club at the knockdown price of the club's debt, as opposed to the ridiculous asking price put in place by Hicks and Gillett.
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