Liverpool FC has sought the help of investment bank Merrill Lynch to find a buyer for the club, according to a report in The Times newspaper.
Out of the 20 clubs in the Premier League, Liverpool has been one of the hardest hit in the credit crunch due to the £350 million that American owners George […]
Tags: DIC · Dubai International Capital · George Gillett · Liverpool · Sheikh Mohammed · The Times · Tom Hicks
With the prediction by Lord Triesman, head of the Football Association, that the current global economic crisis could spell a ‘terrible danger’ to clubs with spiralling debt, meaning could we actually see a Premier League club go to the wall? According to Triesman the Premier League is currently in £3bn worth of debt so the […]
Tags: Bjorgolfur Gudmundsson · Dubai International Capital · Eggert Magnusson · F.A. · FIFA · George Gillett · Malcolm Glazer · Premiership · Rick Parry · Roman Abramovich
Tom and George’s excellent adventure may come to an end, according to The Observer, as Liverpool owners Hicks and Gillett have not been able to transfer their 350m GBP of debt onto the club. Should they not meet a Feburary deadline, the duo would likely accept a 500m GBP bid for the club by Dubai […]
Tags: Dubai International Capital · George Gillett · Liverpool · Sameer Al Ansari · Tom Hicks
