Tom Hicks is ready to take control of Liverpool.
The Sunday Telegraph says Hicks is reported to have told the club's board that he will sign a £281million refinancing deal to stay in charge at Anfield on Oct 1.
The American, who met Liverpool chairman Martin Broughton in London for talks last week, hopes the deal with the Blackstone/GSO Group will allow him another two years to find a buyer for the Merseyside club, who face Manchester United today.
The deal reportedly does not include any funds to buy new players or to build a new stadium.
