© EuroFootball.com
Former club owner Tomas Hicks says he is shocked by the way the sales process was carried out and calls it an "epic fraud."
He also did not hesitate to criticize former head coach Rafael Benitez, who failed to win titles.
Hicks, along with fellow shareholder George Gillett, had to hand over control of the team to the US company New England Sports Ventures (NESV) yesterday.
The duo did not want the sale to take place because they were not satisfied with the offer of 300 million pounds, but could not resist because the bank was pressuring them due to debts.
"I am shocked, overwhelmed and very disappointed," said Hicks. "It hurt my family. It is very important how everything happened - it was an epic fraud."
Talking about the team, the American claimed: "We spent 300 million pounds on players, but when we sold, we only got half of that back. But the media doesn't talk about it.
"Benitez never wanted to take responsibility for the results. He blamed the owners. Alex Ferguson doesn't do that at 'Man Utd'."
In 2007, Hicks and Gillett borrowed almost 240 million pounds from a Scottish bank to buy the club, so the two of them could not stop the other three board members with Martin Broughton at the forefront in the sale process.
Hicks also claimed to have found more suitable owners than NESV, but the club's people did not take them seriously.
"Look at 'Man City' - that's the kind of owners we wanted here in Liverpool," he insisted.
