Bank confident of Reds’ financial health


LONDON: The Royal Bank of Scotland has reassured Liverpool supporters about the club’s financial health, in the strongest indication yet that the team owners’ loans will be refinanced before next month’s payment deadline.

RBS pledged to continue backing Liverpool owners Tom Hicks and George Gillett Jr. in an e-mail to those supporters who have been urging the bank not to extend the £350mil (US$578mil) credit facility secured with RBS and Wachovia in the United States.

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