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Fresh finance concerns for Liverpool's American owners

There are new concerns emerging over Liverpool's planned move from Anfield.

Tom Hicks and George Gillett are confident of clinching a separate interim deal before Christmas with the Royal Bank of Scotland and American bank Wachovia to borrow £350 million to refinance a loan used to fund their £220 million takeover last February and pay for initial building work.

The Daily Telegraph says there are now serious question marks over the rest of the money required to complete the move from Anfield. A combination of the global credit crunch and nervousness over the level of debt which will be placed on to Liverpool's balance sheet has forced Hicks and Gillett to abandon plans to raise all the money in one go.

Instead they are now looking to borrow £350 million to pay off a two-year loan with RBS worth approaching £270 million, inject £60 million of working capital for the new ground and cover £25 million of credit notes used to finance the summer purchases of Fernando Torres and Ryan Babel, again provided by RBS.

It is understood that while the £60 million of stadium financing will get Hicks and Gillett through the first 18 months of work on the Stanley Park project there are serious concerns over how they will raise the remaining £300 million needed to complete the stadium, which has been scaled back after the designs came in £50 million over budget.

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