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New £320m offer for Liverpool

Business tycoon Peter Lim has made a £320m offer for Liverpool FC, increasing the £300m New England Sports Ventures offered for the club.

The news comes as Liverpool FC is set to learn its fate in a High Court hearing over the club’s ownership on Tuesday.

The club’s major creditors, The Royal Bank of Scotland, have submitted against an application against current owners Tom Hicks and George Gillett.  

The American duo is currently attempting to block a £300m sale of the club to New England Sports Ventures, as they feel it undervalues the Merseyside club.

The outcome of the case should conclude whether current chairman Martin Broughton can sanction the deal with NESV without the duo’s consent.

If Broughton is unsuccessful and the club then fails to repay its £240m debt by Friday, RBS could potentially take control and place the club’s holding company into administration.  The subsequent nine point penalty the club would receive could put off potential buyers.

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