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Scroll down to the interview Americans In... Americans Out Note: The time difference,mainland Europe is one hour ahead of the...
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Sunday, 10 October 2010
Americans In ...Out?
Scroll down to the interview Americans In... Americans Out
Note: The time difference,mainland Europe is one hour ahead of the UK.
Quoting a source inside the club, the paper claims that Broughton has a "Plan B and Plan C" that he could use to push through the sale in the event that current owners Tom Hicks and George Gillett manage to block it in court. And considering the sale would leave them with losses of £144 million for their time at Anfield, they will be trying to do everything they can to block it.
Yes, you read that right: £144 million losses. Clearly the American duo have been no good for the club, but when you think of it like that it's easy enough to see where they're coming from.
Imagine it all in something closer to 'normal person' terms: say you bought a house for £219,000, and then you get into a bit of financial trouble after borrowing a load of cash to do it up. You call in a new builder to help you sort it out sell it on, but he then goes and sells it - without your permission - for £75,000 plus whatever you still owe of your loan.
Would you not try to block the sale? Obviously it's not quite that simple at a publicly traded football club, but add a few £'000s and that's more or less why Hicks and Gillett are not happy.
Is the courts obligation to look at just the facts and agreements whereby the American owners could be right in their argument or do a morale duty in face of public and fans opinion?
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