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Liverpool Football Club look to negotiate a way out of their debt problems.
Liverpool FC owe two banks £350m, and are close to renegotiating their debt with the Royal Bank of Scotland.
RBS has told club owners Tom Hicks and George Gillett the debt, due to be repayed in July, will be refinanced if they can renogotiate a structured deal.A spokesman for Tom Hicks and George Gillett would not comment on the development.
The other bank owed money, Wachovia, has yet to make any announcement on Liverpool's debt.
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