Tuesday, October 12, 2010

There is a new candidate for Liverpool

The battle for ownership of Liverpool began this morning at the High Court in London, says the Daily Mail. Surprisingly appeared another candidate for the club, which is Asian billionaire.

The five-member board of directors of Liverpool have agreed a deal with U.S. company New England Sports Venture 300 million pounds, but owners Tom Hicks and George Gillett are against it.

They dealt the case to court. Royal Bank of Scotland, the largest creditor of Liverpool since bought two Yankee teams claim in court because of the huge debts of the team.

At the same time it became clear that the billionaire Peter Lim from Singapore can come up with new improved offer for the shares of the club.

Lim believes that his proposal is just as attractive as that of John W. Henry. He expressed willingness to repay 200 million pounds of long-term debt of Liverpool.

We recall that because of their huge loans and action by the Royal Bank of Scotland team of the city of the Beatles faces falling into administration and withdrawal of nine points.

If this happens, the likelihood of English giants to fall in the Championship is very big as far Liverpool have only six points in its assets.

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