September 09, 2010

The Royal Bank of Scotland moves to force George Gillett and Tom Hicks to sell Liverpool: Will potential new owners get a foreclosure price? And what does this mean for the Reds on the pitch?

posted by trox to soccer at 04:05 PM - 5 comments

Hicks, Gillett: You will walk alone. (Sound of ecstatic fans as they leave)

posted by jjzucal at 04:40 PM on September 09, 2010

As one of those fans, I can't wait for this whole nonsense to be behind us. Hopefully it'll be easier to concentrate on getting points then.

posted by Ricardo at 06:53 PM on September 09, 2010

I don't understand why people who can't afford something, get to keep it?! I mean, RICH people... I certainly can't just go and buy a Mercedes, run it into the ground, smash it in a few accidents, never make payments and then sell it for a profit... WHY CAN THEY DO IT!?

posted by StarFucker at 08:42 PM on September 09, 2010

It's between them and their lenders. Here, the banks have had enough and are forcing them out so they can recoup their loans.

posted by rcade at 08:45 PM on September 09, 2010

But they're Americans, aren't they? Did they get loans from US banks, or UK banks?

And how did Glazer do it with Man U?

posted by StarFucker at 10:30 PM on September 09, 2010

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