Monday, May 10, 2010
Depressing facts
Following on from Rafa's very public future discussion, the club's financial accounts dated July 31st 2009 show the Reds in debt to a tune of roughly 351 million pounds, up from 299 million the year before. And all this after a relatively successful year with 2nd placing in the Premiership and a guarterfinal show in Europe. The current seasons' performances have provided ample evidence of a further rise in this debt level, if not the actual level. It is now dawning on the faithful that money to spend on new players will not be available preseason and might hasten Rafa's departure. Of more concern would be Liverpool's continued premiership existence and avoidance of a "Portsmouth" next season on the back of a thin squad, boardroom drama and mounting debt. It seems that the earliest we can expect to see the backs of the Yanks may be only in a few months. This is depressing.
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