Liverpool loans shifted by RBS into 'bad debts' division
Royal Bank of Scotland shifted the loans of Liverpool co-owners Tom Hicks and George Gillett into its "bad debts" division in March as part of negotiations over the future of the club.
RBS could extend the financing for a further term to allow Broughton to try and complete a sale, or sell the debt to a third party who could then call in the loan from the Americans.
It could also call in the debt itself, effectively forcing the American’s out of the club and then run it for a period while it searched for a buyer.
I dont think RBS calling in the debt will happen, i might be wrong but they make too much money from it.
but if we are in the "bad debts" how the
can the re new the loan? god i dont some mad things at my time at ML but i would get shot down in flame if i done that, yet it seems this will happen.













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