RBS seeks to push through sale of club.
The fate of Liverpool will be decided in room 16 of the high court, reports in The Guardian suggest. The Royal Bank of Scotland, initially hoping to see Tom Hicks refinance his £237 million debt to the bank by Friday to steer the club clear of administration, have obtained an injunction from the courts and now hope to push through New England Sports Ventures bid to buy the club.
Hicks and Gillett stand to lose approximately £144 million from their investment should the sale go through, and have been prepared to go to court to protect their investment since learning of Martin Broughton’s decision to accept NESV’s bid to buy Liverpool.
Singaporean waits in the wings.
Singaporean investor Peter Lim is thought to be the ‘plan B’ suggested in yesterday’s Independent. Lim, who owns a series of Manchester United themed chain restaurants in his native Singapore, is also prepared to pay the £300 million required to take ownership of the club and to wipe out the £200 million acquisition debt provoking such anger with the fans.
Furthermore, The Guardian suggests that Lim will be prepared to step in for the club should New England Sports Ventures decide not to invest or the club falls into administration.
However, further complications may be added to the bid to sell the club to new owners as Lim’s interest may be used by Hicks and Gillett in court to suggest that the Liverpool Board could have agreed a more lucrative deal to sell the club, thus stalling a sale and increasing the risk of administration.
Lucas Leiva focusing on the pitch.
Lucas Leiva insists that the Liverpool squad must not worry about ownership matters which are beyond their control and should instead focus on what they can affect – namely the club’s precarious position in the Premier League relegation zone.
He summed up the players’ feelings on Skysports.com, saying, “I don’t know what is going to happen, we just have to wait and see.”
“I am just trying to concentrate on the games, that’s the only way we will change things. As players we have to do better on the pitch,” he warned the rest of the squad. The first opportunity the squad have to affect their destiny comes on Sunday with a trip to Goodison Park for the Merseyside derby.
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