Wednesday, July 29, 2009

TOM HICKS AND GEORGE GILLETTE HAVE ONE MORE YEAR TO PAY THEIR LOAN

Tom Hicks and George Gillette have renegociated terms for a further year in which to pay their loan , taken to buy the Liverpool club. They owe The R.B.S Wachivoa290 million pounds, and 60 million pounds to another bank.So the total of the loan is 350 million pounds.The talks between the two American owners and the banks were long prolonged with fears for the fans that the banks would call in their loans.
But the anual figures of the Kap Holding the parent company of the Liverpool clubshow a huge loss of 42.6 million pounds in august. The interest would be 36.5 million pounds.
And to add to their voes they have failed to sell footballers Like Xavi Alanso and Javier Maschareno both wanted by Real Madrid and Barcelona, this would generate money , on 29th th Rafael Benitz is willing to sell Xavi alonso to Real Madrid for 30 million pounds, he wanted 35 million pounds.And they also brought Glen Johnson for 17 million pounds and got back Veronin back from loan.
In this year the bamnks will ask for their money back , Gillete already sold 80% in his N.H.L team the Montreal Canadiens. And Mr Tom Hicks will have to decide whether to sell his baseball team The Texas Rangers or N.H.L team the Dallas Stars. to pay up the money So in the mean time they Liverpool can not build a new stadium .

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