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Banks May Put Liverpool Into Bankruptcy
Monday, October 11, 2010 - 11:48pm | 173Liverpool Football Club's holding company owes $446 million to Royal Bank of Scotland (NYSE: RBS) and Wells Fargo (NYSE: WFC) and the banks may put one of the English Premier League's most storied franchises into bankruptcy, a move that could jeopardize the club's sale to New England Sports...
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Liverpool Takeover Could Be In Jeopardy
Sunday, October 10, 2010 - 11:16pm | 204The acquisition of Liverpool FC by John Henry's New England Sports Ventures, owner of the Boston Red Sox, for nearly $479 million could be in jeopardy because current co-owners Tom Hicks and George Gillett believe the club is worth more. Hicks and Gillett are set to oppose the sale of the club in...
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China Sovereign Wealth Fund Eyes Liverpool F.C.
Thursday, August 5, 2010 - 8:07am | 182China Investment Corp., the country's $300 billion sovereign wealth fund, has reportedly liquidated $558 million of its 9.9% stake in Morgan Stanley over the past two weeks, exactly the amount needed to cover the debt load held by Liverpool Football Club of the English Premier League, fueling...