Friday, September 17, 2010

LIVERPOOL FACE REALITY ON 6/10/2010.

The two very unpopular American owners of Liverpool are now facing reality, D Day is 6/10/2010 this day they will have to pay up their debt to the Royal Scotland Bank, it was 237.4 million pounds and it could reach 280 million pounds with interest. Failing to pay this amount The . Bank will then takeover this very old and proud club and sell it to another party.
But what are the other alternatives for Mr Hicks and Mr George Gillett.. the bank can give another loan for a further period, after all that is what banks do milk this party.
But George Gillett says he wants nothing now from Liverpool and Mr Hicks can manage Liverpool.
Only Mr Hicks wants to get a refinance deal and hold on to power at Liverpool.
It has been five months since Liverpool was put up for sale, but buyers came and went, but their asking price was to high ,for a club in debt they wanted 800 million pounds. After all every day a rich oil baron will not bail out these ill managed English clubs.

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