Headlines NEWS
Can the banks really order us to sell Torres!?!
Published by Redneck on April 18, 2008
The futures of Fernando Torres and Ryan Babel could be under threat if the Reds do not re-pay a total of £31.5million to various banking institutions in 13 months time.
The Reds secured the finances for the purchases of the two players by borrowing around £27million, at the same time our co-owners H&G secured a £350million refinancing package to finally complete the takeover that had been rolling on for months.
The future of these two players is reliant on how successful Liverpool are in the current and next seasons Champions League campaigns, not to mention Premiership success, failure to qualify for the Champions League would be catastrophic to the club as any future TV income has already been swallowed by interest payments on our massive debts.
As the two players were a part of the refinancing deal that the Americans agreed to, the banks would have the powers to begin pressuring the club to begin selling it’s assets, with Torres and Babel being the first to go in order for the club to pay back the money that is owed.
This shocking revelation is yet another twist in the embarrassing saga that has clouded over Anfield recently, when on Earth will this come to an end?


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