Monday 4 October 2010

Liverpool's future

I wrote in August how I saw the immediate future of Liverpool FC. I was broadly correct, no new owners before end of August 2010 and all the chancers (Kenny Huang lol) getting free publicity. But now October is coming up and RBS want their loan repaid. So what do I think.

Well I cannot see the yanks going away without a fight. Not unfortunatly with any fan but in the courts. RBS do not need the publicity, but do want their money back. On October the 6th the loan is up but no doubt there is, in the contract, a clause giving 'extra time' so lets call that 5 working days. So sometime around the 11th of October Liverpool will be 'owned' by RBS. However, positions are being prepared for a lawsuit. Liverpool FC have already engaged Slaughter and May (Coroporate lawyers of London City) and no doubt RBS and the yanks are getting their 'suits' ready.

This will leave my club in total limbo until 'Me Lord' gets to grip with the ins and outs of the case. If the yanks  lose in the UK they will proberbly go somehow else to sue, the USA, if they can.

I cannot see all this being resolved until mid 2011, so no transfer window activity for LFC this time around. No new owners and the threat of a 9 point deduction for going into administration hanging over us. I know the Premier League have said this wont happen, but, if LFC get into any europen place at the end of the season, the clubs below them could challange this ruling.

2 comments:

  1. The future for Liverpool does not look good. We have to get rid of the yanks. Trouble is looks like we are getting more!

    ReplyDelete
  2. Could be mate, could be. But we will have to wait until the court case is over.

    ReplyDelete

Powered By Blogger
 
eXTReMe Tracker