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Investment Group Blackstone Refuse To Refinance Loans For Liverpool

Investment group Blackstone have pulled out of talks to refinance loans taken out by co-owner Tom Hicks to retain control of Liverpool, according to The Guardian.

Weekend reports had claimed the American intended to cling to power by securing the cash to repay the £237 million owed to the Royal Bank of Scotland before the mid-October deadline. Without the money, Hicks and business partner George Gillett would be forced to relinquish their spots at the Anfield helm to the organisation.

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kulka2833d ago

Thats good we dont want these stupid idiots taking our club further down