Liverpool owner in big financial trouble!

[Sluffy]

Tom Hicks' - one of the two owners of Liverpool - company (Sports Group) have just defaulted on 525 million dollars of loans (about £350 million) in America.



Liverpool not effected at the moment - but I guess if he has personal liabilities in his company then it will be only a matter of time....

http://www.liverpoolbanter.co.uk/2009/04/liverpool-fc-owner-tom-hicks-s.html

[Manny]

Correct me if I'm wrong but doesn't Hicks want to buy Gillett's stake in the club? I can't see that happening now!