Liverpool fans welcome former chairman David Moores ' plea for owners to sell . Club 's debts have reached 110,000 under American Tom Hicks and David Moores . Under Hicks and Gillett , Liverpool 's debts have spiraled to $ 507 million and the club 's finances are further imperiled by the failure to qualify for next season 's European Champions League . Fans fear financial ruin and departure of key players like Tom Hicks and David Moores .
Liverpool fans welcome former chairman David Moores ' plea for owners to sell . Club 's debts have reached 110,000 under American Tom Hicks and David Moores . Fans fear financial ruin and departure of key players like Tom Hicks and David Moores .