American tycoons George Gillett and Tom Hicks have reached an agreement to take over Liverpool.

Hicks and Gillett will be co-chairmen but will leave existing chief executive Rick Parry to run the club.

Liverpool chairman David Moores, who will become an honorary life president, said: "This is a great step forward for its shareholders and its fans."

http://news.bbc.co.uk/sport2/hi/foot...ol/6323037.stm

Another team that will try to buy the title.....