If RBS have loaned Kop (Cayman) the money, then it will be Kop (Cayman) that will be put in to administration. Its one asset - LFC - will be sold off and then it will be wound down. If the club were liable for £100 million then the club is worth £100 million less than if it were debt free. Imagine you were offered a house worth £200,000 but you had to pay off the £100,000 left on the mortgage as part of the deal. You wouldn't give the owners £300k. It's all academic anyway. There's not a chance that RBS will pull the money. It's clear we can afford the payments so the worst that can happen is that they upset a few Liverpool fans who always knew they were grasping at straws. If they take ownership of us then it's a different matter entirely because now it's Gordon Brown cast in the David Moores role. Except it's not just us who care now, it's every tax-payer in this country. If we're sold for the cost of the debt there will be mancs, evertonians and god knows who else shouting from the rooftops. We'll see endless Daily Mail comment pieces rehashing stereotypes about Liverpudlians relying on government handouts. If we were to be sold for more, then Brown runs the risk of pissing off every Liverpool fan in the country by not selling to a billion philanthropist. Not to mention that every government overspend is now seen as the reason we didn't sign David Villa. He can't win so he won't allow it to happen.