The accounts released on Thursday, covering the year to 31 July 2008 for Liverpool Football Club and Hicks' and Gillett's holding company, Kop Football – ultimately owned, naturally, in the low-tax US state of Delaware via the Cayman Islands – set this out in black and white.
http://www.guardian.co.uk/football/2009/jun/06/liverpool-tom-hicks-george-gillett
http://www.guardian.co.uk/football/2009/jun/06/liverpool-tom-hicks-george-gillett