Liverpool
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and its outstanding debts at £218.9 million. The pair paid £5,000 per share, or £174.1m for the total shareholding in the club, and £44.8m to cover the club's debts. Disagreements between Gillett and Hicks, and their lack of the fans' support, have precipitated rumours that Dubai International Capital (DIC), who were interested in buying the club before Gillett and Hicks took over, would bid for the club. Another group, Share Liverpool FC, also expressed interest in purchasing the club. They proposed to pay £500m, which would be funded by 100,000 fans contributing £5,000 each for a club share. However, the group have been unable to raise the required capital to make an offer for the club. On 16 April 2010, Martin Broughton was appointed Chairman of the Club in order to oversee the sale of the club by the owners, Tom Hicks and George
Gillett. They noted that '"Having grown the club this far we have now decided together to look to sell the club to owners committed to take the club through its next level of growth and development'. Kenneth Huang, a former Wall Street broker, is at the head of a group who want to buy the club for around £500m.. In May, accounts were released showing the club to be £350 million in debt with losses of £55m and its auditor KPMG warning 'This fact indicates the existence of a material uncertainty which may cast significant doubt upon [Liverpool's] ability to continue as a going concern.' In April 2008, business magazine Forbes ranked Liverpool as the fourth most valuable football team in the world, after Manchester United, Real Madrid and Arsenal. They valued the club at $1.0bn (£605m), excluding debt. Accountants Deloitte rate Liverpool eighth in the 2008 Deloitte Football Money League, which ranks the world's football clubs in terms of revenue. Liverpool's income of £133.9m in the 2006–07 season moved them up from tenth the previous season. As one of the most successful clubs in the history of English football, Liverpool is often featured when football is depicted in British culture and has appeared in a number of media "firsts". The club appeared in the first edition of the
Liverpool football club in popular culture