"Liverpool’s holding company is in default over 280 million pounds ($446 million) owed to Royal Bank of Scotland Group Plc and Wells Fargo & Co., which may put the soccer club into bankruptcy protection, three people familiar with the situation said.
While U.K. newspapers including the Daily Telegraph have reported that co-owners Tom Hicks and George Gillett’s debt matures on Oct. 15, the loan is already in default, said the people, who declined to be identified because of pending lawsuits. The U.S. pair is trying to block a sale to New England Sports Ventures LLC because they say the price is too low"
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