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Ex-Liverpool owner Hicks: I should never have partnered with Gillett

Former Liverpool owner Tom Hicks regrets his partnership with George Gillett.

Hicks and co-owner Gillett took control of the club in 2007 after buying out David Moores' shares but it was his collaboration with his former business partner which Hicks says was the catalyst for his Anfield failure.

He told Sky Sports: " Well, I've got lots of feelings. Absolutely I made some mistakes, I did some things that were very good also but the biggest problem I had was, I picked the wrong partner! I should've known better, I knew George Gillett from previous business deals that we'd ventured into together, where my firm owned 85 per cent and his 15, and he was impossible to deal with. So why would I then go and do a fifty-fifty deal with the guy? Well shame on me!

"It was very frustrating because George had personal financial issues, he had other things going on, he just didn't look at things the way I would have liked to have looked at things and so, in a 50-50 deal, you have to agree or you default to a negative position. For instance, I wanted to get rid of [chief executive] Rick Parry from the very beginning and George protected him for way too long and I think we lost a lot of momentum then, and yes, it was an interesting period of time!"

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Paul Vegas

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