Two banks are lead arranging the refinancing of the loans taken out last year by Tom Hicks and George Gillett, the US sports franchise owners, to support their acquisition of English premiership side Liverpool Football Club.
Royal Bank of Scotland and US bank Wachovia have agreed to lead underwrite a new £350m (â¬471m) loan package, which will refinance the acquisition debt taken out 11 months ago by Hicks and Gillett to finance their successful £220m bid for the club.
