After pleading for a rescue outlet to save them from the depths of American debt and despair, their saviour has come in the unlikely form of the Boston Red Sox owners. In a symbolic gesture to let off steam and to draw publicity to their cause, a handful of fans stood outside Anfield and burned the American flag only a matter of weeks ago.
But now cigar-chuffing millionaire investor John W Henry is at the forefront of the club, the only positive is that surely things can only get better?
Legal appeal pending, chairman Martin Broughton has came out today and pledged it is not a case of 'out of the frying pan' and 'into the fire' for Liverpool Football Club.
While at the same time, in a season which saw Britan's most successful football club plummet into the relegation zone, fans are understandably once bitten twice shy.
The new investors said: “Our objective is to stabilise the club and ultimately return Liverpool FC to its rightful place in English and European football, successfully competing for and winning trophies.”
To many fans, including myself, this sounds awfully familiar.
However if Henry's bid is finalised and given the seal of approval by RBS and the Premier League, then Hicks and Gillett will walk away £140million out of pocket.
For Liverpool fans going the derby on Saturday, it might be worth asking around to see if the Evertonians have any spare American flags from last year.
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