Hicks' explanation for selling the club will do little to improve his image with fans and much more to confirm their suspicions that the Texan saw the club as a money-making exercise.
Having bought the club for £240million he and Gillett now hope to sell it for £500million.
"Liverpool will be the most profitable investment I've ever made," Hicks told the Wall Street Journal.
"I should make four times my money. There's a strong business rationale."
The American also defended the team's disappointing season, claiming it was more to do injury problems than a lack of investment in the squad prior to the campaign starting.
"The fan blogs blame the owners but we had terrible injuries with our star players out for more than a month, and we just weren't a very good team without them," he added
