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Arabs waiting for Liverpool and Newcastle to go bankrupt

Technically, they're waiting for the owners of both clubs (Hicks & Gillett at Liverpool and Ashley at Newcastle) to be forced by the financial credit crunch to reduce their asking price and get out or risk defaulting on the debts the clubs have accrued. Today DIC came out with a statement saying that: "DIC is not involved [.

Read the full article at SoccerLens.

SoccerLens @ Sep 15, 2008 11:35 AM EST | Blog Profile

Liverpool Newcastle United English Premier League Gillett DIC

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