Liverpool owners to seal refinancing deal today

Liverpool's co-owners are still hoping to finally seal a refinancing deal on Thursday, according to the Liverpool Echo.

Tom Hicks and George Gillett are attempting to restructure the loan agreement with the banks that helped them buy the club last March.

And after reports surfaced that the refinancing deal had hit the buffers, sources close to Hicks have told the paper: "Tom is in no doubt that the deal...is going through and he is looking forward to revealing the new stadium design which is every bit as spectacular as promised.

"There are a few minor glitches to be ironed out but nothing major - it's pretty much just standard procedure for a deal on this scale."

The Echo reports the deal will see the club take on £105million of debt with Kop Investment, the holding company set up by Hicks and Gillett in the immediate aftermath of last year's takeover, taking on £190million and the American duo putting up £55million of their own money.

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