Liverpool’s 2010 financial carnage was not helped by poor players, hears NY court

Liverpool FC

By Paul Nicholson
March 4 – The five-year long New York court case following the sale of Liverpool Football Club to Fenway Sports Group revealed this week former owner George Gillett Jr is still paying £125,000 a month in debt repayments for a loan secured against the club, and that the new owners felt that due to the aging playing squad the £295 million price was in fact an overpayment for the asset.

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