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.
Latest in Sport
Manchester United can learn lessons from the transfer template of rivals Manchester City
Pavement The Forum, London
Manchester City, Manchester United and Chelsea top the list of the Premier League's most expensive squads
Bayern Munich 'training camp' to supply refugees with food, footballs and German lessons
David De Gea, Peter Odemwingie and the 18 weirdest transfer deadline day stories
- 1 More than 11,000 Icelanders offer to house Syrian refugees to help European crisis
- 2 If these extraordinarily powerful images of a dead Syrian child washed up on a beach don't change Europe's attitude to refugees, what will?
- 3 Senior British politicians tell David Cameron: When dead children are being washed up on beaches – it's time to act
- 4 Make your voice heard: Sign The Independent's petition to welcome refugees
- 5 Refugee crisis: Aylan's life was full of fear - in death, he is part of 'humanity washed ashore'
Senior British politicians tell David Cameron: When dead children are being washed up on beaches – it's time to act
Jeremy Corbyn calls Osama bin Laden's killing a 'tragedy' - but was it taken out of context?
If these extraordinarily powerful images of a dead Syrian child washed up on a beach don't change Europe's attitude to refugees, what will?
If you're not already angry about the refugee crisis, here's a history lesson to remind you why you really should be
Britain to take more refugees as Cameron bows to pressure after more than 100,000 back our campaign
Theresa May says migrants should be banned from entering the UK unless they have jobs lined up