Wednesday, January 09, 2008

Liverpool Poised For New Cash Injection

A millionaire Liverpool fan looks set to help the club out of its current cash crisis.

Northern Irishman John Miskelly, a lifelong Liverpool fan, is reported to have held talks concerning a fresh cash injection into the Anfield side.

Miskelly has amassed a vast fortune from his dealings in property and even launched a £250m takeover for Liverpool last year, only to be beaten to the prize by American duo Tom Hicks and George Gillett.

However, neither of the Reds owners have yet succeeded in putting together a £300m refinancing package on the original loan used to buy the club.

The current global credit crunch and the spiralling interest repayments have put plans for a new luxury stadium at Stanley Park very much on hold.

With banks refusing to bail out the American pair, they have turned to alternative sources of investment, which The Mirror claims is Miskelly. It is not yet known exactly what or how much money any deal with the Ulsterman would involve.

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