The accounts for Liverpool’s holding company, Kop Football (Holdings) Ltd, were released yesterday and KPMG said there was “uncertainty which may cast significant doubt upon the group’s ability to continue as a going concern”.
Hicks and Gillett have until July 25 to negotiate a new £350million refinancing package and both are confident of striking a deal with the Royal Bank of Scotland and Wachovia that would result in a six-month extension.
Liverpool – who could not compete with Manchester City for the signing of Gareth Barry this week – paid £36.5m in interest on their debts in the financial year ending July 31 2008.
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