LFC – To be owned by the State?

if you read my blog entry of 4th August 2010, you can see that I read the situation well and no bidder bought 'my' club before August 31st. Since then we, the supporters, have supported the club in their football attempts so far this season. In my opinion the Euro matches have been well supported, more than I thought they would be.
So were from here?
If RBS decides in October to call in their loan to H and G in October that, as they say, would be more or less that or would it?

Two options strike me immediately.
One. Kop Football (Holdings) would be directly owned by RBS and run as a part of the bank which is itself owned by taxpayers in the UK.  In other words it would be nationalised just as RBS is.  With the American owners not able to provide any more guarantees they would be thrown off the board.  The bank would then deal with the matter directly.
That means that citizens of the United Kingdom of Great Britain and Northern Ireland will own the club.  We will all have to be vetted as fit and proper persons – and I am rather worried about one bloke in our apartment block in Liverpool.
Two. The courts cases start and LFC go into limbo or more accurately, purdah. G and H will fight RBS in the courts, providing they can raise the money. They will cause all kinds of mayhem, thus depriving LFC from moving on and drawing a line under our American ownership. The courts will take forever to give a verdict and we will be rudderless and more importantly penniless for the remaining part of this season and maybe more.

Whichever way it goes, I can still see problems for LFC at the end of the season. It has been hinted that no penalty deduction will be suffered if RBS takeover the club, however, if Liverpool qualify for Europe next year, in any form, I can see the clubs missing out challenging the ‘deduction ruling’ in court.
Its all going Peter Tong!