The refinance date is fast approaching for liverpool what do you feel will happen? Will we go into admin? Or Will We Be Bought .....?
Discuss
Discuss
CameronLFC1 wrote:we wont be bought.
Bogdan wrote:CameronLFC1 wrote:we wont be bought.
YOU DON'T KNOW THAT!!!
Eh, hopes aren't high anyways
a) We won't be bought for a while, regardless of the outcome.
b) We won't enter administration, the debt is held against the Americans, not the club.
menalawyerguy wrote:Why is Liverpool FC the only entity in the world where the owners are routinely, consistently and seemingly exclusively referred to only be their nationality?
a) We won't be bought for a while, regardless of the outcome.
b) We won't enter administration, the debt is held against the Americans, not the club.
It's the owners' ErRRRRR Americans' debt, but if the AMERICANS default, RBS has a mortgage on Liverpool and its assets. If RBS forecloses on it, they will sell the team as quickly as possible and recoup whatever they can in unpaid debt.
The best thing that can happen is for somebody with a lot of dough and who cares about Liverpool to set up a company and use that company to buy as much over Liverpool as he/she can (preferably during the RBS auction, because the price will be cheaper) and then, once a majority or entirety owner, sell shares in that company to Merseyside residents thereby ensuring community ownership of Liverpool.
menalawyerguy wrote:It's a 9-point doc either way.
That's a stupid rule btw.