Liverpool owners Tom Hicks and George Gillett are on the verge of announcing a £350million refinancing deal says today’s Sunday Mirror. It claims: “accountants from the Royal Bank of Scotland and Wells Fargo are currently examining Liverpool's financial figures with a view to agreeing a loan package that will ease the pressure on the two Americans. The move could also bring an improved summer transfer budget for manager Rafa Benitez, who has made Carlos Tevez his No.1 target, but is unable to meet the £25.5m price being asked by the Argentine's owners. The deal will hinge on Hicks and Gillett pouring more of their own personal finance into Anfield - and the pair are looking to raise funds by selling off some of their other sporting interests in the United States,” says the article. “Hicks is ready to sell his majority stake in baseball club Texas Rangers while Gillett is searching for a buyer for the ice hockey outfit Montreal Canadiens to gen-eratcash. But with Liverpool set to announce record turnover and increased profits of almost £40m this week, there is increased confidence that the club can easily service a new loan agreement. An insider said: "Despite claims to the contrary, both owners have spent about £80m of their own money on Liverpool over the past two years.”This news will come as no surprise to regular readers of LFC Alert as a refinancing deal was reported on this site weeks ago. This story however speculates the re-financing deal ‘could’ bring in extra money for Rafa this summer.
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