Blimey – I write a bit about the financial situation and how Liverpool Insolvency might be in trouble, and the next thing you know, they are on the brink. Liverpool (to recap) can only pay the interest on their loans by constantly being in the final stages of the Champs League. Without that income they …
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When it comes to economic comment the Guardian tends to be fairly sound. Here they are on the Liverpool situation. “Liverpool are very heavily in debt and do not own a cash-generative stadium. If they do not qualify for next year’s Champions League group stage – which, even if they do not progress, provides a …
Read More “Tiny Totts doomed in economic crisis”