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Many fans have become increasingly outraged
by akaishuu Wed Oct 06, 2010 5:28 am
Many fans have become increasingly outraged at the pair's ownership of the club, which is said to be currently £237.4m in debt, and their failure to carry through promises to build a new stadium.
The Royal Bank of Scotland (RBS) has set a deadline of 15 October for that debt to be repaid or a penalty fee of £60m will be due.
The bank has the option of extending the deadline once again, or calling it in, taking control and then selling the club to the highest bidder.
Many fans of the Merseyside club are keen to see RBS call in the debt, even if it means the parent company Kop Holdings going into administration, with the club potentially receiving a nine-point penalty from the Premier League as a result.
amsoil
Virginia Bankruptcy Attorney
The Royal Bank of Scotland (RBS) has set a deadline of 15 October for that debt to be repaid or a penalty fee of £60m will be due.
The bank has the option of extending the deadline once again, or calling it in, taking control and then selling the club to the highest bidder.
Many fans of the Merseyside club are keen to see RBS call in the debt, even if it means the parent company Kop Holdings going into administration, with the club potentially receiving a nine-point penalty from the Premier League as a result.
amsoil
Virginia Bankruptcy Attorney
akaishuu- Posts : 248
Join date : 2010-09-06
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