Wyn Grant

Based in the UK Wyn Grant covers the business of football for Albion Road, contributing a monthly roundup of the biggest items in the news. Wyn manages a couple of websites of his own, including The Political Economy of Football and the Addick's Championship Diary about Charlton Athletic. Wyn occasionally appears on Sky Sports News and Radio 5 and is a regular contributor to Radio Scilly's friday evening sports show. Poor Wyn is a lifelong Addicks supporter, a rough job in recent years.

 


The Liverpool Saga Continues
Written by Wyn Grant   
Thursday, 02 September 2010 09:41

Wyn Grant

The long drawn out takeover saga at Liverpool continues without an immediate end in sight.   At one time this month it looked as if it might be resolved, but these hopes were soon dashed.   The loans on the club have to be renewed on 6th October and there are increasing indications that the state-owned Royal Bank of Scotland (RBS) is losing patience with the failure to make progress.   They may simply step in, boot the unpopular American owners off the board and sell the club themselves.


At one time it looked as if Hong Kong-based Kenny Huang was the front runner to take over the club.   He offered the prospect of developing its fan base in the growing Asian market and above all in China.   However, there was always a lack of clarity about where his backing came from, as he did not seem to have sufficient funds to close the deal himself.