Tom Hicks and George Gillett agree new Liverpool FC loan deal
Jul 28 2009
by Luke Traynor, Liverpool Daily Post
LIVERPOOL FC’s American owners successfully agreed a re-financing deal to renegotiate its debts amid further anger from Anfield fans.
Co-owners Tom Hicks and George Gillett have extended the £290m debt on the club after talks with banks the Royal Bank of Scotland (RBS) and Wachovia.
The new deal means the Americans must use their own money to pay back £60m, part of the terms for the new arrangement.
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