After last weeks defeat at home to Blackpool, it seemed that not much could get worse seeing as the Premier League table showed us third from bottom. The international break was now on and it would mean players off to play for their respective nations leaving Liverpool to carry on. Chairman Martin Broughton then brought a new hope to Liverpool fans with a possible takeover. NESV (New England Sports Ventures) were interested in buying the club and could wipe out the debt allowing Liverpool to be profitable and money invested into the club and not servicing debts. Of course things were never likely to go smoothly. Hicks and Gillete are saying no and claim that Broughton has no right to do anything and are taking it to court.
Now given that 15th October is deadline day for the loans and with RBS refusing to budge in refinancing, going to Court is surely the last thing they will want. If what Broughton says is true then it can only end in humiliation for the Americans. If they were to win and refuse the deal, without any funding, RBS would without doubt on Friday call in the debt, take over the club and sell it to NESV anyway. The thing that concerns many fans though is the likelihood of administration and the withdrawal of nine points. With a season already starting badly this would just put Liverpool bottom of the table and on minus three points.
It is not hard to forget that placing debt on the club and becoming another Manchester United, was something that Hicks and Gillett promised wouldn't happen. Their period of ownership has been nothing more than lies, lies and more lies. If I were Tom Hicks, I'd just give up and hand over the club. Don't drag things out longer than need be. You're not liked as it is, don't make it harder for yourself
Sunday 3 October 2010
Subscribe to:
Posts (Atom)