Liverpool owners under pressure after €48m loss

LIVERPOOL’S American owners Tom Hicks and George Gillett may face difficult decisions regarding their continued involvement at Anfield but the future of the club is not under threat.

The pair have just over six weeks to agree a refinancing package on the loan they took out to buy the Barclays Premier League side in 2007.

Accountants KPMG expressed concern over the level of debt being incurred by Kop Football Holdings, Liverpool’s parent company, after it posted losses of £42.6 (€ 48) million in the year ending July 2008.