Liverpool post £54.9m loss as debts continue to rise


“Liverpool’s parent company posted a huge loss of £54.9m for the year ended on 31 July 2009 as debt interest payments and severance costs hit hard. The loss was 34% worse than 2008’s figure as £40.1m went on servicing the club’s £351.4m debt to Royal Bank of Scotland (RBS) and US firm Wachovia. Pay-offs to senior staff, including former chief executive Rick Parry, accounted for a further £4.3m.” (BBC)

Benitez meeting offers no hints to Liverpool future
“The future direction of Liverpool hasn’t become any clearer after the first in a series of meetings between Rafael Benitez, chairman Martin Broughton and managing director Christian Purslow on Thursday.” (ESPN)

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