Tom and George take unconditional control of Reds

Liverpool have now been officially taken over by American tycoons George Gillett and Tom Hicks. The pair, through their company Kop Football, had already bought David Moores' majority shareholding, but have now obtained the 75% they needed to secure unconditional control of the club.

A statement was issued to the Stock Exchange this morning saying the Gillette and Hicks had "received valid acceptances in respect of 28,089 Liverpool shares, representing approximately 80.7% of Liverpool's issued share capital to which the offer relates".

Those shares have cost Gillett and Hicks £5000 each, in an offer to shareholders which was due to end on Monday. The offer also included a guarantee that those who sold their shares in time would retain their rights to tickets permanently, along with the offer of being allowed a season ticket as soon as the new stadium is built. The pair have the 75% shareholding they needed, but have decided to keep the offer open until Monday March 26th, at 3pm.

The next target for the pair would be to obtain a 90% shareholding, which allows them to carry out a compulsory purchase of the remaining shares for a full takeover.

Tom and George were at Anfield on Tuesday night to witness why Liverpool FC are such a special club, and were by all accounts taken aback. They saw Liverpool progress to the last eight of the Champions League on away goals, knocking out holders Barcelona in the process.