I'm hearing that Liverpool's finances are a lot worse than first feared and that administration is now a real possibility.

Are we witnessing the end of Liverpool FC as we know it?

Wow.... Now really. This cannot be real.... Oh god

Just read a blog post from We Don't Know Football on this very item. It's from the other side of this situation that hasn't been heard from-a banking insider. Seems so far all we hear is from fans like us on blogs or from the news reporters.


Link: wedontknowfootball.wordpress.com/2010/09/22/liverp...

Even if they don't go into administration by the time their owners are done with the club they will have dug Liverpool into a financial hole that they can't escape from. If they don't get money for a new stadium and for transfers the star players like torres may become frustrated with waiting and leave

No Way it can't be the end of Liverpool, we need to just get those yanks out of here and start over it doesn't matter if we loose 9pts it'll be worth it after the yanks are gone....I'm just glad that were doing something to get the message across!


Link: lfcglobe.com/video-liverpool-fans-protest-after-su...

Looks like October 6th has been set as a deadline by RBS to repay the loan.
The following are the three possible things to happen
1. The yanks could repay the loan somehow before 6th and continue as the club owners(Currently they are trying very hard to repay the loan, I hope they don't)

2. They could sell the club before october 6.

3. If none of the above two happens, the club will go into the hands of the bank and would be a big loss for the Americans.

So I don't see Liverpool falling into administration. Those yanks will try hard to repay the loan and if they find out they won't able to, they will definitely sell the club for some reasonable price before october 6.
Just another 10 days, everything will come to an end

I don't think they will sell the club before the deadline and if the Americans don't repay the loan I think administration will become a bigger possibility

The worry is that if these, albeit unconfirmed, sources are correct in suggesting that the amount owed is far greater than first feared, then repaying the loan suddenly becomes a whole lot more difficult.

Bookies have stopped taking bets on Liverpool's final points tally, so they are taking these reports very seriously

I have it on very good authority that Liverpool was sold a few hours ago

Link: soccernet.espn.go.com/news/story?id=830261&sec=eng...

Liverpool rich? God I hope not

Liverpool finished.... In the premier league maybe but not as a club

Let's be honest, they have been on the brink since the burger munching, gun wielding, british accent loving (insert your own generalisation here) Americans took charge

It has been confirmed on all the major news sources (BBC, Guardian for example) that Liverpool have been sold, clearing the previous debt.


Link: news.bbc.co.uk/sport2/hi/football/teams/l/liverpoo...

The two owners tried some more scumbag tactics in the process

"Earlier Hicks and Gillett tried to sack managing director Christian Purslow and commercial director Ian Ayre in a last-ditch bid to keep control of the club. In an attempt to block any sale and regain control of the club, Liverpool's much criticised owners tried to replace Purslow and Ayre with Hicks's son, Mack Hicks, and Lori Kay McCutcheon, a vice president at Hicks Holdings.

"NESV are thought to be offering about £300m for the club, enough to pay back the £240m of loans and £40m of fees owed to Royal Bank of Scotland, which must be settled at the end of next week."

This was posted yesterday, didn't know Ricky Tomlinson was a Liverpool fan...

There a few things I still don't get. If those american guys are the owners then shouldn't they have final say on the takeover and aren't those board members technically employees of the americans so shouldn't they do what the yanks tell them?