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Sale agreed but legal battle to ensue.
As reported in The Guardian, Liverpool’s board has agreed a deal to sell the club to American owners once more. In principle, a deal has been agreed between Liverpool Chairman Martin Broughton – installed to scour the World to find new owners for the Anfield club – and the US owners of the Boston Red Sox baseball team.
The move comes steeped in controversy. Tom Hicks and George Gillett do not believe the offer represents the club’s value and have already promised, much to the undoubted chagrin of Liverpool fans devastated at the unfulfilled promises to build a new Anfield and their inability to refinance loans of £280m due in next month, to “resist any attempt” to sell the club. The outcome is likely to be a protracted legal battle. Hicks and Gillett attempted to sack Chairman Broughton after he accepted the deal. In Broughton’s favour were the two other board members who proposed the sale.
Reds would avoid points deduction.
Should Tom Hicks and George Gillett be successful in blocking the proposed sale of Liverpool Football Club to the owners of Boston Red Sox, a potential outcome is that the club will go into administration.
Hicks and Gillett’s holdings company, Kop Holdings, seems hitherto unable to repay or refinance outstanding debts of £280m owed to the Royal Bank of Scotland and their inability to do so may see this proud Merseyside club fall into administration.
However, according to The Guardian the club would remain a fully solvent entity and as such under Premier League guidelines be exempt from a potentially disastrous points deduction as a penalty.
Juve to make Aquilani bid.
Juventus are preparing a cut-price £10m offer to tempt financially-stricken Liverpool to sell Alberto Aquilani on a permanent deal, according to the Daily Mail. The Italian playmaker struggled with injury and form during his first season at Anfield and was allowed to leave on loan during the summer. Initially the Italian giants discussed a fee in the region of £16m, but with Liverpool’s financial problems mounting are believed to be ready to lower the price and begin negotiations.
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