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RBS: We need to avoid “unnecessary delay” in the sale

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Royal Bank of Scotland Head of Public Affairs Roger Lowry has responded to an email sent out by one Reds fan. He said on Liverpool’s sale:

“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.”

A large part of the £237million debt is owed to RBS by Gillett and Hicks and they were reinforced to renegotiate an extension on the loan back in Spring.

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11 comments

  • gaga says:

    As long as lfc keep paying the silly interest to the banks, then theres not much incentive for the banks to have their loans paid back.

  • jay says:

    there is a huge rumour around that says a deal has already been done for 560 million and this news will be announced on the 15th july the buyer is said to be the brother of the manchester city owner

  • Yus says:

    Hi Jay, Do you mean sheikh khalifa? Hope this come true…..

  • 8-1 says:

    jay, ive heard the same today, only through a txt though from a mate. hope its true!!!

  • Gavin says:

    Just in response to GAGA’s comment, In one aspect you are correct in your comments that once the club pays the interest, they will keep bankrolling stadler and waldorf. On the other hand the global economy is not the same as it was 5 years ago and banks do not want the risk of loosing £350m, they want their money and the pressure lies all on stadler and waldorf to sell. If stadler and waldorf delay in the sale of the football club it could end up costing them in the long run, because the longer the sale drags out the cheaper the football club becomes. I honestly think that stadler and co have got the whole sale of the club wrong. The laws in US are so different to the ones in the UK and Ireland and these 2 muppetts are basing their laws on the US market. Trust me on this one, they have got it totally wrong in their attempts to make a quick greenback. Hope the rumour about Sheikh Khalifa is ture.YNWA

  • RedSonny says:

    I tend to agree with Gavin, however if the muppets dont sell the club this year and do not invest in the squad then there is only one place LFC are going and thats down the table.

    I havnt heard any rumour regarding the sale of the club to Sheikh Khalifa – i hope this is true and not just a rumour.

    YNWA

  • Bigman says:

    I agree with Gavin, uk and us laws are totally different, and somehow, I don’t see dumb and dummber being experts in UK finance law. The situation regarding the sale of the club was only ever going to be resolved by RBS applying pressure on those two dim-wits. Now it looks as though that is starting to happen – I read a story a few weeks back about the potential middle eastern buyer (apparently richer than his brother – the owner of Man City)but it died a death and I haven’t heard anything motre about this until today when I saw some of the comments above.

    Like everyone else, I hope and pray there is an element of truth in this! Fans need to keep applying pressure on the RBS to call their loan in only then will we rid ourselves of these two human parasites draining our beloved club!

    I notice Broughton has gone quiet recently, probably has his hands full with more impending strike action from discruntled BA (good enough for him),If the yanks go, then the whole board purslow included should go, they’ve all been taking us for fools for far too long with their lies and smoke-screen tactics. Don’t believe any transfer rumors re gerrard and torres until the world cup is over, there are a lot of journalists out there who have made an speciality out of the art of scare-mongering. If we are really that close to getting a new buyer, then I’m sure they will both stay.

    Walk on….

  • Chillpill says:

    I hope and pray that the rumors about the potential new owner is true. The 2 leaches need to go and the banks need to put the pressure on them to sell. At this point I don’t even care about a new stadium. Just want those 2 blood sucking leaches out and new owners who are honest in. Can’t tell you how mad I am at whats going on at our great club. The banks I fear are happy to collect massive interest but I do hope that the fear of the club losing value and the banks losing money in the future does force the bank to pressure the wanks to sell and get out.

  • Chillpill says:

    Hicks in particular,should never ,never ,never be allowed to own any sporting establishment again. He relagated a Brazilian club in the past, bank rupted an NHL team, what kind of man is this that can go around doing this to these clubs that have long tradition and history and is loved and folloed by many thousands. How he gets away with it beats me. He ruins what is a passion for many people, at a massive cost. He should be banned across the world form ever getting involvedwith sport.

  • John Brennan says:

    Do not mind this Skeik kalifa crap. It is a made up rumour to acquire hits to a failing website, which cons money out of unsuspecting LFC fans.

    The website is called Koptalk.

    Please see the below link to get an understanding of the filth that runs this website…

    http://koptalkinsider.wordpress.com/

  • Hero Nemesis says:

    Rumours all of it, I’m affraid there is little substance behind them. We are going to have to put up with the wanks for a lot longer yet.
    I just hope Benitez’s youth team can come up with the good’s because this is where Liverpool FC’s future lies.

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