Sources in New York have confirmed that a £460million deal with DIC - the Dubai government's financial arm and headed by Sheikh Mohammed Bin Rashid Al Maktoum - is now on the verge of conclusion.
The effective sale price is nowhere near the ambitious £1billion valuation that was put on the club by Hicks in November. He and Gillett paid just £219m to take control of Liverpool from David Moores a year ago.
One insider said: "These talks are still ongoing. Tom and George want to make sure they get the right price for giving up the club."
Despite leaving Liverpool with a £350m debt, they will be able to walk away having made a substantial profit.
