CityPar
Well-Known Member
In advance, I apologise if this has been posted anywhere else.
I have just heard from a source I trust completely that Liverpool have 2 buyers interested and 1 of them is so far down the road an announcement will be made soon.
Liverpools Yanks current loan to RBS needs to be paid by tomorrow but is subject to a period of grace (9 days I am led to believe). So to all intents and purposes the RBS will step in on 15th October as it appears there is little hope Gillet or Hicks can settle it. However, the RBS takeover will not be required for long (if at all) as we'll start to hear that progress has been made on the buyers takeover.
Also, another snippet of info is I was told that when RBS introduced the penalty payments, they put in a clause saying they could convert the £2.5m per year into equity. This means they will not put the LFC into administration, because they’ll own it. The Premier League have apparently indicated they are OK with this. Again, the hope for RBS is that they will be able to sell quickly which by my source seems to be a done deal.
Just thought I'd throw this out there and will take whatever crap comes my way if nothing happens soon ;o)!!
I have just heard from a source I trust completely that Liverpool have 2 buyers interested and 1 of them is so far down the road an announcement will be made soon.
Liverpools Yanks current loan to RBS needs to be paid by tomorrow but is subject to a period of grace (9 days I am led to believe). So to all intents and purposes the RBS will step in on 15th October as it appears there is little hope Gillet or Hicks can settle it. However, the RBS takeover will not be required for long (if at all) as we'll start to hear that progress has been made on the buyers takeover.
Also, another snippet of info is I was told that when RBS introduced the penalty payments, they put in a clause saying they could convert the £2.5m per year into equity. This means they will not put the LFC into administration, because they’ll own it. The Premier League have apparently indicated they are OK with this. Again, the hope for RBS is that they will be able to sell quickly which by my source seems to be a done deal.
Just thought I'd throw this out there and will take whatever crap comes my way if nothing happens soon ;o)!!