Liverpool's American co-owners are ready to work together.

The Times says Tom Hicks and George Gillett Jr, Liverpool's American owners, have pledged to work together to battle through the financial crisis that has raised serious doubts about the ability of either of them to raise the funds to retain control of the club.

Hicks and Gillett are under growing pressure to refinance the club's £350 million loans with Royal Bank of Scotland (RBS) and Wachovia, the American bank, before they are due to be repaid on July 25.

In a rare show of unity, the Americans entertained representatives of RBS at Liverpool's 4-4 draw against Arsenal at Anfield on Tuesday evening and attempted to persuade their guests that their differences are behind them as they look to sustain their troubled regime beyond July.