Thank you for contacting RBS concerning our ongoing relationship with Liverpool Football Club.
You will have seen the press release from Liverpool Football Club, announcing the appointment of a new, independent Chairman, Martin Broughton, and details of the formal sales process launched by the current owners, Thomas Hicks and George Gillett Jr. This process needs to be allowed sufficient time to maximise the chances of the Club being sold to ownership capable of realising its long term potential. However, we are confident that the Chairman and the Board will be mindful of the need to avoid any unnecessary delay in concluding a sale, as it is in no one’s interest to risk deterioration in the performance of the Club prior to it being sold.
Our common goal is the long-term success of Liverpool Football Club and the Bank’s primary objective is to ensure financial stability, so that the Club can continue to perform both on and off the football pitch.
There is little more I can add at this juncture, only to reiterate we are supportive of the steps that have been taken and we hope to have the opportunity to continue our financial support for the Club under its new ownership, once determined.
Thank you once again for taking the time and trouble to write to us. I appreciate that the Club’s finances have been a source of frustration for many supporters but it is in the interest of the fans, the Club and the Bank that we continue to support it through this process to ensure its longevity for all concerned.
Yours sincerely,
Roger Lowry
Head of Public Affairs
Royal Bank of Scotland Group
