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View from the Kop

Broughton: Reds to be sold in a “few months”

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New Liverpool chairmen Martin Broughton has stated that he expects the club to be sold to a new owner in a “few months”. A Chelsea season ticket holder, Broughton has been charged by co-owners George Gillett and Tom Hicks to oversee the sale of the club, along with Barclays Capital, who have been tasked with the responsibility of finding new investment. BA chairman Broughton said to Bloomberg TV:

“What I’m asking from Liverpool fans is a little patience. We are talking a maximum of a few months. It’s in everyone’s interests we get the right owners, therefore I’m looking for the time to complete this process.”

As expected, both the appointment of Broughton and the hiring of Barclays Capital has allowed the current owners to get a 6 month extension to their loan from RBS and Wachovia. Broughton said it gives the club time to find prospective owners:

“What RBS has done is given us an extension which gives us time to complete the process. We didn’t want to have a situation where a bidder had negotiating leverage because we were coming against a deadline.”

Related article: A Profile of Martin Broughton – LFC’s Next Chairman?

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  • Ashok says:

    Do the job faster Mr Martin Broughton as we are running short of time. As whenever the summer window will open we need to buy decent quality players which we are lacking, we will take your words that “We the supporters have to wait for couple of months.” We will wait but not for 7 or 8 month’s. We need to have reinforcements this summer if we want to keep torres and gerrard. Pls do us a favour and sell the club to some decent investor’s i.e, in the middleeast or a top sports lover should be our new owner. I Pray to god that either sahara india or Mukesh Ambani buy the club as Mukesh Ambani is a true sports lover and a genuine Businessman in Top 10 of the world’s most richest man and has more money than Roman Abromovich and man city’s owner.

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