Angry Liverpool supporters are demanding Tom Hicks and George Gillett quit for plunging the club £359million into debt.
Accountants KPMG LLP claim the club's future will be in serious jeopardy if Hicks and Gillett cannot refinance their debts by the July 24 deadline, and fans group Spirit of Shankly has branded the American owners "utter failures".
Hicks and Gillett's parent company lost £42.6m according to the latest figures and Spirit of Shankly chairman Paul Rice fumed: "The revelations just underline Hicks and Gillett's utter failure as owners and the club hasn't progressed one iota as far as investment is concerned.
"Our club is going nowhere with Hicks and Gillett in charge and we need them out."
The owners insist the club is not going bust and their debts are less than the rest of the Big Four - and plans for the new stadium remain on track.
Accountants KPMG LLP claim the club's future will be in serious jeopardy if Hicks and Gillett cannot refinance their debts by the July 24 deadline, and fans group Spirit of Shankly has branded the American owners "utter failures".
Hicks and Gillett's parent company lost £42.6m according to the latest figures and Spirit of Shankly chairman Paul Rice fumed: "The revelations just underline Hicks and Gillett's utter failure as owners and the club hasn't progressed one iota as far as investment is concerned.
"Our club is going nowhere with Hicks and Gillett in charge and we need them out."
The owners insist the club is not going bust and their debts are less than the rest of the Big Four - and plans for the new stadium remain on track.
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