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Banks could force sale of 'vulnerable' Liverpool

Discussion in 'Sports' started by Icadon, Nov 13, 2008.

  1. Icadon

    Icadon JF-Expert Member

    #1
    Nov 13, 2008
    Joined: Mar 21, 2007
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    Naona leo siku si nzuri kwa Liverpool so far mechi ni 4-1(Spurs wanaongoza) na hili deni lao.

    Premier League takeover broker Keith Harris believes Liverpool could go into financial meltdown in January and might be forced to sell up.

    Harris, who has masterminded deals for Chelsea, Aston Villa, Hull City, West Ham United and Manchester City and is currently seeking buyers for Newcastle United and Everton, claims that the Reds could be severely affected by the global credit crunch.

    Bickering Liverpool owners Tom Hicks and George Gillett have two months to pay back a reported £350million worth of debt and with refinancing packages and new financial stakeholders getting harder and harder to find the Merseyside club might have to offload star players to pay off the debt.

    The worse case scenario would be for the banks to consider repossessing the club if the payments cannot be met.

    "The one that worries me is Liverpool," said Harris. "Liverpool's debt is due in January, with maybe a six-month extension."

    "The two banks which are the principal lenders - the Royal Bank of Scotland and Wachovia - are two of those that have suffered. Whether they want to lend it again or not, they may not be able to."

    Harris, chairman of Seymour Pierce investment bank and a former Football League chairman, has also admitted that Everton and Newcastle are no closer to finding a buyer.

    "It has never been more difficult to find buyers," explained Harris.

    "It's no longer a question of price negotiation - it's should we? People are wondering if now is the time to spend."

    Los Angeles Galaxy owner Philip Anschutz was linked by a number of newspapers with a possible bid for Newcastle as part of a US consortia but the owner of AEG denied the reports on Wednesday.

    "Neither AEG nor anyone affiliated with the organisation are in negotiations or are contemplating the purchase of Newcastle United Football Club," the billionaire said in a statement.
     
  2. TIMING

    TIMING JF-Expert Member

    #2
    Nov 13, 2008
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    Yeah really... I dont like those two nuts having the club! But anything outside the pitch/dressing room now may affect Liverpool good form

    YNWA
     
  3. Manda

    Manda JF-Expert Member

    #3
    Nov 13, 2008
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    Soccer siku hizi/inakoelekea inakuwa imekaa biashara zaidi, miaka si mingi mbeleni itakuwa kama Biashara ya Mabasi ya kusafirisha abiria,yaani timu zitakuwa kama mabasi vile, leo mmiliki huyu kesho yule etc etc!

    That is 'Globalisation of sports'...sijui hatma yake ni nini, ila i guess ladha ya soka itaharibika miaka kadhaa ijayo..!
     
  4. Icadon

    Icadon JF-Expert Member

    #4
    Nov 13, 2008
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    Waanze kuuza wachezaji wao wa bei mbaya tuwanunue, wamweke Torres, Gerrard for sale tuu. Tatizo la hawa wamarekani wamenunua timu za Uingereza kwa mkopo same na kina Glaziers, na hili swala ni hatari sana.
     
  5. TIMING

    TIMING JF-Expert Member

    #5
    Nov 13, 2008
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    Chukueni Degen, Hyppia na Pennant bana... Mmechoka mno kwa sasa na wale pensioners wenu!!
     
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