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    Reds in refinancing blow (ss)

    Liverpool could be plunged into fresh turmoil amid reports their American owners have suffered a setback in their refinancing plans.

    Already destabilised by speculation that George Gillett and Tom Hicks are considering selling the club, reports have emerged that the American duo's plans to refinance their loan have been hit.

    The pair are understood to be struggling to secure the loan they require to pay back the original loan with which they bought the club last February.

    The Daily Telegraph claims that the 'refinancing deal is on the verge of collapse' while The Times states that 'sources in the City believe that the Americans' regime is crumbling by the day'.

    The news will not be met with disappointment by the club's supporters who made their antipathy with the American regime loud and clear during Monday's 2-2 draw with Aston Villa.

    If Hicks and Gillett are to be thwarted in their plans, then the pair may conclude they have no choice but to sell their club to the Dubai-based Dubai International Capital (DIC) group.

    Defiant

    'Time is running out for the Americans to conclude the loan agreement. Contrary to reports that they had until the end of February to sign the deal, it is now understood their one-year loan with RBS expires in just under two weeks,' reports The Telegraph.

    Speculation was rife at the weekend that DIC had formally bid £500m for the Anfield club. However, it is now believed that the offer was informal and only in the region of £300m - prompting Hicks to issue a defiant statement announcing he had no intention of selling his stake.

    DIC, however, will not launch a formal offer until they have held talks with RBS but Hicks has refused to grant DIC permission to talk to the bank until any refinancing deal is completed.

    Should the refinancing collapse, then DIC - run by ardent Liverpool fan Sameer Al Ansari - would be in a position to move in.


    #2
    Get in

    Comment


      #3
      Dunno whether this is good news or not, it's good because it could be the beginning of the end of their regime, could be bad if DIC have no intention of making a bid and are playing on the publicity.
      We come not to play.

      Comment


        #4
        This is dodgy ground...very pracarious.

        Comment


          #5
          Mods pls merge with the other thread
          The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men. Blessed is he, who in the name of charity and goodwill shepherds the weak through the valley of darkness, for he is truly his brother's keeper and the finder of lost children. And I will strike down upon thee with great vengeance and furious anger those who attempt to poison and destroy my brothers and you will know my name is The Lord when I lay my vengeance upon thee. Pulp Fiction

          Comment


            #6
            To qoute Alan Partridge

            "Back of the net"!

            "If Gerrard continues to play up front, leaving this lack of creativity and intelligence in Midfield, the season WILL be over by Xmas."

            I still don't think we'll finish in the top 4 this season."

            FatTony 24/08/09

            Comment


              #7
              RBS could get themselves a **** load of LFC supporting new customers if they tell the yanks no deal on refinanacing thereby taking control of the club themselves when the loan term expires and selling it to DIC like they have done with other businesses.

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                #8
                good good
                https://www.needlesandgrooves.com/

                https://twitter.com/NeedlesNGrooves

                Comment


                  #9
                  yeah, it's all very unclear right now. Something should give this week.

                  Comment


                    #10
                    In the words of Notorious... All good baby baby....
                    "Its not about the long ball or the short ball, its about the right ball." Bob Paisley

                    Comment


                      #11
                      Originally posted by FatTony View Post
                      To qoute Alan Partridge

                      "Back of the net"!
                      "Buckaroo!."
                      A humble guy with healthy desire.

                      Comment


                        #12
                        Originally posted by FatTony View Post
                        To qoute Alan Partridge

                        "Back of the net"!
                        "Jurassic Park, kiss my face"
                        The King was back for a short while. Long live The King.

                        Comment


                          #13
                          That's LIQUID football!

                          Comment


                            #14
                            This isn't a blow, it's fecking great news.

                            Comment


                              #15
                              "Eat my goal!"
                              .
                              Suppose you have a physicist and a sociologist standing at the side of a field, observing a set of events unfolding on the field. The physicist does [describes] it using the terminology of mass and velocity and frequency of radiation and the rest. And the sociologist does it by describing it as a rugby match.



                              May the Lord bless this post.

                              Comment

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