Quote:
Originally Posted by arthursboy
Same here mate
Benitez has to be blamed aswell, but the debt owed to RBS was surely Hicks fault, 30 million a year to service the debt.
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Not as much as it seems on an income of £300m.
And if the figures here are remotely accurate, £300m is a very cheap price to pay for the club.
http://en.wikipedia.org/wiki/Forbes'...e_note-value-2
I can understand why Gillett and Hicks are a bit pissed off at the club being sold for such a low price, but then I also can't work out why they couldn't keep up the payments on the loan they took out with RBS.