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Hicks confident of Liverpool refinancing boost

And it seems the Reds will be saddled with a debt of £105m, rather than the entire amount.

Co-owner Hicks spent yesterday ironing out the final details of the package with the RBS and investment bank Wachovia.

The terms are likely to see Hicks and fellow Kop owner George Gillett putting up £55m of their own money.

A source close to Hicks revealed to The Sun: "Tom is in no doubt the deal is going through.

"There are a few glitches to be ironed out but nothing major.

"He is also looking forward to revealing the new stadium design, which is every bit as spectacular as promised."

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