From the official site:
Liverpool Football Club tonight issued the following press statement:
The Board of Directors have received two excellent financial offers to buy the Club that would repay all its long-term debt. A Board meeting was called today to review these bids and approve a sale. Shortly prior to the meeting, the owners - Tom Hicks and George Gillett - sought to remove Managing Director Christian Purslow and Commercial Director Ian Ayre from the Board, seeking to replace them with Mack Hicks and Lori Kay McCutcheon.
This matter is now subject to legal review and a further announcement will be made in due course.
Meanwhile Martin Broughton, Christian Purslow and Ian Ayre continue to explore every possible route to achieving a sale of the Club at the earliest opportunity.
Well I'll be f*cked.
A few commenters beat us to the punch, and I know Noel had/has something planned for either later tonight or early tomorrow. But I wanted to get something up for the time being, and either myself or Noel will update this as we see fit. Could be a fascinating few hours.
You can also follow the LFCOffside on Twitter, which you can do with or without a Twitter account of your own. That's pretty much things are breaking at the moment. And by "breaking" I mean baseless rumors that are only meant to arouse high levels of emotion only to later be disproven.
**Updated**
Typically I wouldn't use the Twitters as a source for info, but in this case I'll make an exception---Gareth Roberts, who's the man behind Well Red Magazine, has streamed the quotes from Tom Hicks (@robbohuyton for those so inclined):
"In April we confirmed our joint agreement to sell LFC and apppointed a new chairman and advisors to oversee the process. At that time, we and Martin Broughton stated our commitment to finding the right buyer for LFC, one that could support and sustain the club in the future. We remain committed to that goal. The board has been presented with offers that we believe dramatically undervalue the club. To be clear, there is no change in our commitment to finding a buyer for LFC at a fair price that reflects the very significant investment we have made. We will however resist any attempt to sell the club without due process or agreement by the owners.
All together, now: Get the F*ck Out