Finance deal

Liverpool close to agreeing debt deal?

June 23, 2009
By Soccernet staff
Liverpool co-owners George Gillett and Tom Hicks are thought to be close to agreeing a deal to renegotiate part of their £350m bank debts, thereby bringing some stability to the Anfield club.

A deadline of July 24 was looming over Gillett and Hicks to repay the Royal Bank of Scotland and US investment bank Wachovia the loans they took out to buy Liverpool in 2007.

However, the BBC reports that RBS have told Liverpool's co-owners that they will be allowed to refinance their ...

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