LFC Online Live News

Tuesday 21 September 2010

Fan Power



Sticking It To ém
Tom Hicks must have finally realised that his time is running out once and for all. The news of his attempted refinancing of the 237m loan initially secured against the club was greeted with universal worldwide anger.

Several companies courted by Hicks were mailed repeatedly and told to expect a backlash from millions of extremely disenchanted Liverpool fans. These companies quickly moved to distance themselves, without reason, from talks with the Texan.

In the next two weeks, many Liverpool fans may find themselves holding their breaths, as they wait for the final decision from RBS on whether to force the Americans out, or refinance again. This looks increasingly unlikely however, owing to the fact that RBS themselves have quoted Liverpool FC as a "distressed asset".

A refinancing offer from RBS would also be unwise in the face of the recent increasing numbers of protests and public outcries at the behaviour of Hicks and Gillett.

This goes to show what is possible, when enough people are united in a common belief. With any luck, the ownership saga of Liverpool FC may be concluded within the next few weeks, and the fans can actually be proud to say that they were a part of stopping the demise of the worlds greatest footballing institution.

Fan Power!

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