ah well its all over apart from a few compulsory purchases for a few shares, we will soon be LFCPLC. now lets see them perform, I have to be honest that up to know I am impressed by what they are doing, they are protecting their investment by wanting to do ther best with the new stadium, they are committed to rafa and the players, heres to a happy marriage
American tycoons George Gillet and Tom Hicks have completed their takeover of Liverpool FC. Kop Football Limited agreed to sell 98.6% of its shares to the pair and the deal has been rubber-stamped by the Stock Exchange.
Having agreed the share sale, the remaining stake can now be compulsorily purchased and the duo's offer is "closed".
The announcement also confirmed the Premiership side's new owners will seek to re-register the club as a Private Limited Company (PLC).
Liverpool's board initially agreed to the takeover on February 6 after rejecting a rival bid from Dubai International Capital.
Then it was revealed Gillet and Hicks had agreed to pay £174m for the side and pay off its £45m debts.
Earlier this month, Hicks and Gillett gained unconditional control of the club by passing the 80% threshold of share agreements, and today's announcement brings their takeover to a conclusion.
The agreement follows a spate of interest in the club from around the world.