Fans set to protest as Liverpool FC owners look to saddle club with £350m debt

Jan 21 2008 by Tony Barrett, Liverpool Echo

Liverpool fans on the Spion Kop _320

TOM Hicks and George Gillett were today homing in on a financial restructuring deal which will plunge Liverpool FC into £350m of debt.

Despite takeover interest from Dubai International Capital Reds co-owner Hicks has promised to plough ahead with the restructuring deal, sparking widespread anger among Liverpool fans.

It could leave the club facing annual interest payments of £30m.