: Thu Jun 18, 2009 8:05 am
Ian [77] wrote:
Has anyone got any inside knowledge on how Liverpool's attempts to restructure their debt are going?
I don't have a clue. I thought that they wouldn't be able to refinance the loans, which means they would have to sell, but it seems they have so they'll probably wait another year to see if they can get a better offer, and wait for the global market to improve. I think most of our potential buyers were waiting right until the end of the deadline for the refinancing, so they could force the owners to sell on the cheap, but it seems that hasn't worked.
I read somewhere Gillett could be selling the Montreal Canadiens, or that he's sold them, which would put him in a better position to run us, but I remember about 6 months ago that Gillett definitely wanted out of us, so I'm not really sure what's going on.
I hope they leave soon, there has been zero progress made with the new stadium, despite them being here for two and a half years.