I'd argue new bi-modes are the best option for the route in the long term, but if no electrification is forthcoming (at least to the appropriate standard - i.e. 125mph running) then I would suggest new diesels would be a better fit on the long distance services.
How about a common fleet for Liverpool to Nottingham and MML - Electric from Liverpool to Manchester and on the approaches to Nottingham and Sheffield - around mid-life as the existing mainline upgrades come to an end they would be able to benefit from electrification of the Erewash route follow on and in the interim provide the Intercity route linking four of our largest cities with a standard of train benefiting it, rather than one which looks, to the layman, like a slow branch line train.
With cities like Nottingham consistently exceeding pollution levels it will become politically unwelcome to have diesel vehicles running into Nottingham (and probably the other core cities) at which point an all diesel train will be the least environmentally friendly way to travel (bear in mind NCT - Nottingham's main bus operator - has already set this in motion and will be buying no more diesel vehicles - all Gas and Electric from now on, and CT4N (the local authority subsidised and P&R operator) is all electric* from January).
Alongside that there's the possibility of services to and from Stansted and Birmingham coming under the EMT franchise isn't there - so would there not be a benefit in providing one set of mainline trains, and one set of branchline trains to replace the under-capacity and worn out sprinters.
It would leave the franchise in a much better place when HS2 does arrive, i.e. one with 10 year old rolling stock with all the reliability kinks rolled out and the inevitable interior refresh, rather than one lumbered with 40 year old+ rolling stock in desperate need of replacement (especially if the franchise is for 15 years as opposed to 7) - if it is a 15 year franchise the youngest sprinter will be in it's 40th year when HS2 launches...
* I think, there might be a handful of diesels left - not sure if the old CentreLink Electric buses are being cascaded to replace the last of the diesels or have already been retired)