Liverpool could avoid administration points penalty
Liverpool may not be docked points even if the club's American owners' company Kop Holdings goes into administration next week, it can be revealed.
There have been suggestions that if Tom Hicks and George Gillett block a £300million takeover for the club by New England Sports Ventures, owners of the Boston Red Sox baseball team, then their holding company would be put into administration by the Royal Bank of Scotland over their unpaid £280million debts.
Premier League sources say that whether a points deduction would come into effect remains unclear.
Liverpool would argue that under new Premier League rules regarding parent companies, if the club itself is a fully solvent entity - as Liverpool are - then the penalty clause should not apply.
A Premier League source told Press Association Sport: "The aim of the regulations is primarily to capture clubs who have gone into insolvency."
For example, last year West Ham's Icelandic owners went into administration but that did not lead to any Premier League action as the club itself was solvent.
All prospective owners are obliged to give the league 10 days notice of a takeover and prove they have the funds to sustain the club.
Any prospective owner has to have a face-to-face meeting with league chiefs to convince them they have enough money for the season to come.
Actress sees off speculation about her appearance in an amazing way
The Washington Post editor helped Bob Woodward and Carl Bernstein bring down President Nixon
Children's bookseller wins The Independent's new author search
Board creates magnetic field to achieve lift
Latest in Sport
Indian footballer Peter Biaksangzuala dies from spine injury after doing somersault celebration
Liverpool vs Real Madrid: Why Isco will provide just as great a threat at Anfield as the injured Gareth Bale would have
Angel Di Maria injury: Manchester United sweat over fitness of record signing as he is in danger of missing Chelsea clash
West Brom vs Manchester United player ratings: Saido Berahino scores highest, whilst Marcos Rojo scores lowest
Video: Boxer Vido Loncar brutally assaults referee following defeat
- 1 Salisbury ranked seventh-best city in the world to visit in Lonely Planet’s Best in Travel 2015
- 2 Disney announces new female-led film Moana
- 3 Banksy has not been arrested: Internet duped by fake report claiming artist's identity revealed
- 5 Russell Brand threatened with arrest after filming outside Fox News headquarters
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Residents should throw a street party and mix with immigrant neighbours, councils told
Russell Brand threatened with arrest after filming outside Fox News headquarters
London bus driver 'kicks gay couple off for kissing'
Jose Manuel Barroso warns David Cameron against making 'historic mistake' over immigration reforms
Worst Airports of 2014: Poll names Islamabad airport in Pakistan worst in the world