Sunday, 10th October 2010
Prospective Liverpool owners New England Sports Ventures are reported to be alarmed about the thought that the club could be docked nine points if they are placed into administration before the sale is concluded.
Current co-owners Tom Hicks and George Gillett are fighting to regain control of the club by voting off boardroom members and replacing them with their own appointments – their appeal will be heard at the High Court next week.
Should Hicks and Gillett succeed, then the Royal Bank of Scotland would more than likely call in the club’s debt, forcing Liverpool to enter administration. If this were to happen, while the bank would be free to sell Liverpool to New England Sports Ventures, the club would be docked nine points by the Premier League.
New England Sports Ventures are also believed to have met with former Liverpool chief executive Rick Parry, who is considered an expert on the club and the Premier League in general, to discuss the deal. It may be however, that noises from the US group about administration putting any deal at risk are instead meant to add extra pressure to the situation to ensure the court rules in Liverpool’s favour.
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