Fernando Torres future under threat as banks keep watchful eye on Liverpool | Liverpool

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Football news - Liverpool may need to sell Torres & Babel, Avram Grant shuts up, Ledley King's Spurs future uncertain
Published 4/18/2008 by Ollie Irish at Who Ate All The Pies
... Liverpool must repay £31.5 million to banking institutions in little more than a year or risk having to sell Fernando Torres and Ryan Babel ! Yeah, can't see that happening. The Times Avram Grant gives the silent treatment to newspaper journalists after ...

Tom Hicks is a giant, gaping c*nt
Published 4/18/2008 by Lingering Bursitis at Unprofessional Foul
At this point, even as a die-hard LFC supporter, I'm extremely fucking tired with the boardroom drama. All the stories and tension are just flat-out boring. I've seen episodes of Degrassi Junior High with more excitement and emotion than this one. Well, not "seen" episodes, more like heard of. Yeah, a friend told me about them. I'll go with that. However, if there's one way to fire me right back up, it's to threaten to take our Torres away. From the Times [I'm crying as I cut-and-paste this]: "The Times has learnt that ...

Scouser Supporters the Next Sub-prime Loan Victims?
Published 4/20/2008 by BillE Shears at EPL Talk
... Fernando Torres has titillated the Anfield crowd with thirty goals this season, but–due to recent revelations about the club’s finances–banks may cut his Merseyside career short. ...

Oh Yes, Even Liverpool Can Be Victims of Sub-prime Loans
Published 4/20/2008 by Inara at The Offside
... | April 20th, 2008 hicks_gillet.jpg In the latest twist to the ongoing soap opera at Liverpool Football Club, it turns out that the mounting debts brought on by Tom Hicks and George Gillett may force two of their star players out of the club. Last summer, Liverpool borrowed £31.5m to purchase Fernando Torres and Ryan Babel, and then they refinanced that debt in January while also obtaining a refinancing package of £350 million. A letter of credit was signed, and it stipulated that the club must repay that debt within 18 months. If Liverpool cannot repay or refinance their ...