Liverpool football club has defaulted on more than 280 million pounds it owes to Royal Bank of Scotland and Wells Fargo, which could land the club in bankruptcy protection, Bloomberg reported, citing three people familiar with the matter. .
Despite the fact that the English press published that the debt was due on October 15, the credit is already in default. The club’s owners, Americans Tom Hicks and George Gillett, are trying to block
Although the banks would prefer not to put the team under judicial administration, the club could end up like this if the sale operation is delayed indefinitely in court, according to the sources of the US agency.
Nine point penalty
If they enter bankruptcy administration, Liverpool would have a penalty of nine points in the Premier League, which would deepen their sporting problems, since they are currently third from last in the English league.
At the moment, RBS explained yesterday that it had a court order on October 8 to prevent the owners from expelling other members from the council as a way to avoid the sale of the club.
The owners would have broken the purchase agreement reached at the time by trying to replace chairman Martin Broughton and other independent members, and it has nothing to do with possible steps to find a receiver, according to RBS.
Hicks and Gillette could lose around 140 million pounds if the current agreement with the NESV company is consummated.
Faced with this situation, the Singapore millionaire Peter Lim has presented this morning, higher than that accepted by the Liverpool council.
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