Updated 3:03am 6 April 2012

Tom Hicks hits back and says: I'm not going to sell Liverpool

George Gillett, Tom Hicks, Rick Parry

Hicks and Gillett refinanced their debts earlier this year with the Royal Bank of Scotland (RBS) and that deal is due to expire on January 25, although the Americans will almost certainly exercise an option to extend the deal for a further six months until the end of July.

The source told PA Sport: “Tom is not looking to get out of Liverpool - it is an asset he likes and he doesn’t plan an exit.

“They have not engaged Merrill Lynch to sell the club - they have been an adviser of Tom’s for 12 months.

“There is an option with RBS coming up to extend >fr 1,8fr 3,8< by a further six months until July and they will take up that option unless they have agreed another refinancing package before that.”

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