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RBS May Force Hicks and Gillett out of Liverpool so they can Sell the Club

Saturday, September 11, 2010

The great Anfield Football Stadium home of Liverpool FC has many burdens

They include

• Roy Hodgson – A great new manager that is still settling in and working hard on getting the best out of the squad of players at Liverpool FC

• A team that has underperformed for several seasons

• Unpopular owners American Tom Hicks and George Gillett

• A club that is heavily in debt

• Plus a multitude of negative issues too many to list

Well at last it appears that the club’s main lenders the RBS – Royal Bank of Scotland have had enough and if the club is not sold by the end of October 2010. Then RBS will likely start a process to oust the owners Tom Hicks and George Gillett. They feel Liverpool have had long enough to sort out the club finances and the stop all the management bickering and infighting.

The Americans want north of £500 Million UK Pounds - $768 Million US Dollars for the club involving a sale for 100 per cent equity

RBS quite rightly say the price is too high and will not find a buyer at that price. RBS are owed £237 Million UK Pounds - $364 Million US Dollars in personal loans to Tom Hicks and George Gillett.

The game is over RBS have had enough they are going to kick out the owners, sell Liverpool FC and get their money back!

Address and Contact Data

Liverpool FC

Barclays Premier League


Happened on September 11, 2010

Location: Europe: England: Liverpool

Topics: News: Sport: Football

Listed on September 11, 2010 08:45:47 AM

Last updated on April 24, 2014 01:40:29 PM

Submitted by Asia Fashion


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