October 6 is when the loan extension with RBS finishes. RBS don't want it extended again and H&G have no money so the club will have to be sold or go belly up
October 6 is when the loan extension with RBS finishes. RBS don't want it extended again and H&G have no money so the club will have to be sold or go belly up
I'd like to know why a Scottish bank and an American bank teamed up to provide the loan to two lying broke Americans too. But I guess the fact that RBS and Wachovia (now part of Wells Fargo) have taken out £200m in interest and charges in three years kind of answers the question. They're still owed nearly £300m which has to be paid back too...
Half a billion quid taken out of Liverpool football club in three and a half years (assuming we're sold). Pass the lube...