By Brian Reade
AN EPIC SWINDLE is the interior tale of ways Liverpool FC got here inside of hours of being re-possessed by means of the banks after the shambolic 44-month reign of yank vendors Tom Hicks and George Gillett. it's the story of a civil battle that dragged Britain's such a lot winning soccer membership to its knees, in the course of the excessive court docket and nearly into management.
Players Steven Gerrard and Jamie Carragher inform in their anger on the damaged can provide, in addition to their soreness at observing dependable lovers in open riot. supervisor, leader govt, board contributors, major fanatics and newshounds show the turmoil at a respected wearing establishment run by means of males at conflict with one another, who trampled Liverpool's adored traditions into the gutter.
No tale sums up the bare greed on the center of contemporary soccer relatively like Hicks' and Gillett's try to flip a greenback at Liverpool. No-one has had as a lot entry to the reality, or tells it with as a lot ardour, wit and perception as Brian Reade.
AN EPIC SWINDLE is the riveting tale of ways shut one of many nice soccer golf equipment got here to monetary implosion.
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Additional info for An Epic Swindle: 44 Months with a Pair of Cowboys
Which is why your very own King of Texas is gonna get your beat-feet a-poppin’ as he spins you the latest hot disc from, you guessed it … Dixie’s finest … the Pelvis himself …’ I might be wrong, but that’s how I imagine fifteen-yearold Tom Hicks in 1961 sitting behind the decks of his father’s KOLE radio station, zits popping out of plump baby-faced cheeks under a greased-back jelly-roll haircut, in his DJ persona as Steve King The Weekend Wonder Boy. He’d been doing menial jobs at the station since he was thirteen, but his dad’s decision to give him his own show led to his first big pay-day.
They brought in a strong team of advisers to administer the club but the way they did things was very American, in the crudest sense. The model they wanted does not function here. ’ In a scenario familiar to Kopites, Hicks finally bailed out in 2003 after three years of ultimate failure amid boardroom infighting, fan resentment, accusations that its local partner in Brazil had ‘misappropriated funds’ and legal wrangling which dragged on for another four years. Corinthians, Brazil’s second-most popular club with a reputed following of twenty million fans, were left on a downward spiral.
By then UTIMCO had lost a fortune in failed investments in Enron and WorldCom stock. Investigations revealed a pattern of cronyism with substantial investments going to a group of companies with close ties to Bush and Hicks. In 1999 Hicks was forced to resign after the Houston Chronicle exposed these dealings. Award-winning investigative journalist (and massive Liverpool fan) Ed Vulliamy, who was the Observer’s man in America, says: After Bush made him a regent of the University of Texas Board in return for a hefty donation to his campaign coffers, Hicks revolutionised the way the university invested its funds.
An Epic Swindle: 44 Months with a Pair of Cowboys by Brian Reade