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menalawyerguy
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    Liverpool are fucked.

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    Liverpool are fucked. Empty Liverpool are fucked.

    Post by Guest Sat Oct 09, 2010 8:08 pm

    Just saw on sky sports news if the deal to sell them is not COMPLETED by 15th october (next friday) they will officially go into administration which gets a penalty of a 9 point deduction in the league.

    Gerrard just done a shit.

    Oh and the other thread that says they are "sold" is lies. They have agreed to sell, that is nowhere near sold. It takes weeks to do the paperwork etc for a house after a sale is "agreed" let alone a football club.
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    Post by Mouse Sat Oct 09, 2010 8:14 pm

    The-Reporter wrote:Just saw on sky sports news if the deal to sell them is not COMPLETED by 15th october (next friday) they will officially go into administration which gets a penalty of a 9 point deduction in the league.

    Gerrard just done a shit.

    Oh and the other thread that says they are "sold" is lies. They have agreed to sell, that is nowhere near sold. It takes weeks to do the paperwork etc for a house after a sale is "agreed" let alone a football club.


    No we COULD! go into it but we won't
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    Post by Guest Sat Oct 09, 2010 8:23 pm

    There's a chance that we won't go into administration, as the club itself is solvent. But there's also a chance that RBS will waive on the deadline so this can be sorted out.


    And yes, the club is everything but sold. The paperwork has been done, and they will be our new owners once the court case has been finished. That's the reason it's being held up.
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    Post by Ben Sat Oct 09, 2010 10:24 pm

    Have you ever thought of being a real reporter?
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    Post by Guest Sat Oct 09, 2010 10:48 pm

    RBS wouldn't want them to go into administration so the deadline will be moved back. It is in RBS interest to put them in administration when they is potential buyers still interested. The difference with Pompey is there was no one interested.
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    Post by Guest Sun Oct 10, 2010 4:33 am

    BenSmith wrote:Have you ever thought of being a real reporter?

    He is, he's getting the information wrong. Sign of a top class journo.
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    Post by Guest Sun Oct 10, 2010 4:05 pm

    This thread fails.
    menalawyerguy
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    Post by menalawyerguy Sun Oct 10, 2010 5:41 pm

    Totally fails. Administration is not automatic. As has been pointed out, it will be within RBS's discretion. And if RBS sees that a sale has been agreed and only legal technicalities need to be worked out, they are very likely to waive or extend the deadline. RBS would much rather wait a few more weeks for title transfer to occur than start a foreclosure.
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    Post by Cornholio Mon Oct 11, 2010 6:21 am

    Liverpool are fucked. Lord-Grabiner-415
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    Post by Guest Mon Oct 11, 2010 7:48 am

    Yes, yes they are. Rolling Eyes
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    Post by Guest Mon Oct 11, 2010 7:26 pm

    Liverpool were fucked a long time ago Liverpool are fucked. 28973
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    Post by menalawyerguy Mon Oct 11, 2010 7:32 pm

    Liverpool is going to be fine. Whether by administration or not, they will have new and more reliable owners very soon. Probably in time for the January transfer window. Even if they take a 9 point hit, they ought to be able to avoid relegation.
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    Post by Hitchy Mon Oct 11, 2010 8:25 pm

    They're still gonna twat us in the derby
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    Post by Bushido Tue Oct 12, 2010 2:06 am

    Hitchy wrote:They're still gonna twat us in the derby

    I doubt it.
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    Post by Scouser_Dave Tue Oct 12, 2010 3:00 am

    Hitchy wrote:They're still gonna twat us in the derby

    We usually do Laughing
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    Post by Bushido Tue Oct 12, 2010 3:19 am

    Scouser_Dave wrote:
    Hitchy wrote:They're still gonna twat us in the derby

    We usually do Laughing

    You lot couldn't even twat a prozzy mate.

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