English Premier League club Liverpool went up for sale today after American owners Tom Hicks and George Gillett appointed Barclays Capital to find a buyer.

"Following numerous expressions of interest from third parties, the Club has engaged Barclays Capital to advise on the sale process," a statement read on the club website (www.liverpoolfc.tv).

"The Club has the full support of its existing bankers for this process and has financing in place which will fully support the Club's operations."

Liverpool, sixth in the league after a disappointing season, also said that British Airways Chief Martin Broughton had been appointed as chairman with immediate effect and will oversee the sale process.

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