Radio 4 on football finances

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Royal Rother
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Re: Radio 4 on football finances

by Royal Rother » 04 Jun 2009 22:39

Liverpool make a £42m loss, mainly due to interest / charges of £36.5m on the loans with which Hicks and Gillett bought the club.

What a hoot!

Auditors say that these loans cast doubt on its ability to continue to operate as a going concern.

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