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Benitez's future hinges on Liverpool loan
England - 25 January, 2008
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Rafael Benitez's future as English Liverpool manager comes down to how things go off the pitch for the club.
If owners George Gillett and Tom Hicks land the GBP 350 million loan they have been pursuing, it would strengthen their position and weaken Benitez. Should the loan fall through, Benitez might be able to stick it out for another ownership group.
Benitez, who is being backed by the managers' union, has not lost much popularity among Liverpool fans. The owners, however, have very little support to draw upon.
The League Managers' Association chief executive Richard Bevan has admitted the organisation has been in touch with Benitez."Yes, we have been in touch with Rafael Benitez."We have provided advice, support and encouragement," Bevan told the Western Mail.
Benitez is even drawing advice from the union after Hicks had talks with Jurgen Klinsmann.
The loan refinancing plan would allow the club to begin work toward its modern stadium, and have a cash reserve to hold off overtures from Dubai International Capital. The income also would allow a payoff of the original GBP 219 million Gillett and Hicks borrowed to acquire the club a year ago.
If owners George Gillett and Tom Hicks land the GBP 350 million loan they have been pursuing, it would strengthen their position and weaken Benitez. Should the loan fall through, Benitez might be able to stick it out for another ownership group.
Benitez, who is being backed by the managers' union, has not lost much popularity among Liverpool fans. The owners, however, have very little support to draw upon.
The League Managers' Association chief executive Richard Bevan has admitted the organisation has been in touch with Benitez."Yes, we have been in touch with Rafael Benitez."We have provided advice, support and encouragement," Bevan told the Western Mail.
Benitez is even drawing advice from the union after Hicks had talks with Jurgen Klinsmann.
The loan refinancing plan would allow the club to begin work toward its modern stadium, and have a cash reserve to hold off overtures from Dubai International Capital. The income also would allow a payoff of the original GBP 219 million Gillett and Hicks borrowed to acquire the club a year ago.
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