13 Apr 2010Liverpool owners 'ordered out by RBS'

Football Clubs News | Football Finance News

The Royal Bank of Scotland has reportedly told current Liverpool owners George Gillett and Tom Hicks to hand over control of the club if the bank is to extend their debt repayment deadline.

Liverpool have debts of £237 million and former British Airways man Martin Broughton appears set to be installed as chairman as part of the ongoing restructuring of the Anfield side, which had been ordered to pay back £100 million by July.

Richard Pedder of the Liverpool FC Supporters' Club echoed the sentiments of many Reds fans, telling the Daily Mirror: "We have stood still for three years. We want the club sold and to someone with money."

With Liverpool looking increasingly likely to miss out on qualification for the lucrative UEFA Champions League, concerns about their off-field management have grown considerably over the course of the season.

It was reported last weekend that Gillett and Hicks had slapped a price tag of over £500 million on the club.

Written by Paul Roberts

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