RSS Feed

A Quick Summary of Things

0

Monday, January 21, 2008 by

A lot has been written and said over the past few days about the American owners' plans and intentions for the club. Most of us seem to have made our minds up without really understanding what is going on. In that respect, This article on the BBC's website offers a quick, knowledgeable and unbiased summary of what re-financing actually means and its implications for the club. Whether it allays some, or all, fears is another matter.

One other important thing that it does mentioned, and which has been mentioned elsewhere, is that Rafael Benitez's job isn't secure if DIC do manage to take over the club. If anything, it might be more at risk: given the fans' reaction it would be quite foolhardy of Tom Hicks and George Gillett to sack him and indeed it might be a way of at diffusing the whole issue. Something that DIC might not be inclined to do, especially as they would come in as saviours and any decision they make would be welcomed.