In front of the court this Tuesday
Liverpool is badly. Very badly even. Modest 18es of First League after 7 days, Reds carry out their worse beginning of the season since nearly one half-century! If there were only that… In addition to the sporting deliquescence of this mythical club, in constant decline, it is the economic aspect which worries: Liverpool is in the red. The pun is easy but so much near to reality. Liverpool indeed owes 237 million books in Royal Bank off Scotland! Worse, a to be able guéguerre was established, plunging the English club in a very worrying infernal spiral. Designated culprits of this descent into Hell? Tom Hicks and George Gillett, owners of the club since February 2007. Already strongly disputed because of their calamitous management of finances, which had, obviously, an direct impact on the sporting sector, the two Americans did not find anything of better than to refuse the sale of the club, voted last week by the board of directors and which was connected with a break in a quite dark horizon.
A Singaporean billionaire returns to the load
Hicks and Gillett, after having tried to replace certain members of the board of directors before the agreement of sale, thus seized London High Court to make hood the business concluded with the American consortium New England Sports Ventures, already owner of the club of baseball of Boston Red Sox. Reason? The two owners estimate that the board of directors and in particular Martin Broughton, his president, did not act in the best interest of the club with an offer (300 million books) well in-on this side their waitings. History to complicate a little more schmilblick, Peter Lim, a Singaporean billionaire, announced this Tuesday that it would be ready to formulate an offer higher than that rejected recently by the board of directors, that is to say 320 million books! A thing is sure, Liverpool does not have more time to lose to regulate its accounts.
Gerrard, Torres and Reina on the departure?
Royal Bank off Scotland fixed a deadline for the refunding or the refinancing of the debt. If nothing moved by next on October 15, RBS could then take the control of the club and thus organize itself the sale! Add to that the spectrum of a penalty of nine points in First League and you obtain all the ingredients necessary to “safe which can”. According to Caughtoffside.com, the English club would seriously think of separating from its best elements to reinflate the cases. Pepe Reina, follow-up attentively by Arsenal in search of a guard surer than Manual Almunia, Fernando Torres, always in the collimator of Manchester City, and Steven Gerrard, strongly appreciated side of Milan AC, could quickly pack their bags. An extraordinary sale estimated at a little more than 110 million euros. What to fill the weight of the debt somewhat but to insert a little more Liverpool in an ocean of doubts and uncertainties on the purely sporting level…
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