Friday 8 October 2010

Liverpool face a nine point penalty

Things might get a whole lot worse for Liverpool.

Already in the bottom three of the Premier League with only six points from seven games, it now comes to light that they might get nine points deducted.

This could happen if parent company Kop Holdings goes into administration, and that might happen if a sale to the owners of the Boston Red Sox is not completed by 15 October - only a week away.

A final act of defiance by current owners Hicks and Gilette could make this happen. If they block the £300m takeover of Liverpool by New England Sports Ventures (NESV), their holding company could be put into administration by the Royal Bank of Scotland as a result of their £280m debts.

A nine point deduction would almost certainly follow. There is a precedent in the Football League, where Southampton were docked ten points when their holding company went into administration.

If Liverpool lose nine points, they really will be in trouble.

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