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Joined: Dec 2008
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most of the debt has to be cleared as it is on the current owners and 100.8mill is owed to them which will also have to be cleared ...... so most of it will be paid up in the purchase of the club but the rest i believe is inherited

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if the price is £500m, then the debt will get paid off with that money and the rest will go to the yanks.

no one would buy the club for £500m, then clear the debt (over £300m) and then build a stadium..


Life is only a dream and we are the imagination of ourselves.

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so now he wants out as fast as possible from here [/quote]

i wish he would fu*k off extra quick. i hope it wood be sooner rather then later. am not conviced it will be sorted out b4 the season starts. pple seem to think bcoz there is no news coming out of the tabloids there must be a group close to taking over.am not sure if i agree with that theory. i wood love the club to be sold very very soon, then i can start dreaming smile

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if it is barcap client then things will move quickly as, like i mentioned above, they have already done due diligence on behalf of any of their clients that are interested

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Perth - whoever buys the club will give H & G an amount of money for the purchase of the club and H & G will be able pay RBS back what they owe them. No debt will be inherited. Of course whoever buys the club may borrow money to do so, but the way Broughton has spoken, I don't see him sanctioning any sale to someone who is having to borrow the money to do it. I think he will be looking for a straight cash buyout.

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Barclays are actually a client of the QIA, not the other way around. They were one of the lead houses when Barclays raised £7 billion a while ago, and now own around 6% of the bank. I would think it possible that they have a client looking at Liverpool, although I doubt they would take over the club themselves, as it is not in their remit as a SWF. (They tend to invest in infrastructure, power, transportation, real estate etc., not leisure).

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This is like water torture!

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ah ok north ..... i didn't realise it was that way round - just assumed it was the other way round coz barcap did the due diligence

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I agree with flames no news is good news. Lets hope it gets sorted pretty quickly.


say what you see.
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no news probably means the press have no idea who to guess at!

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