It’s looking increasingly as though Liverpool might be in serious trouble. It’s been reported today that the proposed sale of the club could fall through if the club go into administration. Originally, it was reported that the Premier League couldn’t dock the club nine points because the holding company were in default: Richard Scudamore, however, has decided the holding company cannot be separated from the club, and could therefore face the penalty.
The nine points might be docked by Friday, and could suck Liverpool into a genuine relegation battle. It’d put them bottom on -3 points, 8 points behind West Ham, currently bottom on 5 points. New England Sports Ventures (NESV) is yet to comment on the situation, but would have to reconsider its position should the club go into administration and face the points penalty.
Aside from the significance to the ownership and financial side of things, this would be a major footballing blow for the club. Liverpool should still be aspiring to regain their place in the Premier League’s top four, but the points penalty would see them sitting all of 14 points off fourth spot after just seven games. Obviously, there are 31 games, and therefore plenty of time, to turn things around, but given Liverpool’s form under new manager Roy Hodgson, it seems unlikely.
The Premier League approved the takeover bid by NESV yesterday, but they will have to wait to see whether or not a high court judge states that Martin Broughton had the right to sell the club against the will of Tom Hicks and George Gillett.
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