I'd put money on that. Him having written it I mean - everyone knows he's a sneering manc. "Desperately mediocre" my a***. EDIT: just had a quick look at the guardian site and surprise, surprise - the "5 things we learned" is a blog entry by Rob Smyth.
They wouldn't be responsible for the debt IMO - their risk is that the shares they buy become worthless if the club goes bankrupt. There may be additional risks involved but this is where I bail and leave things to the experts.
They issue new shares and sell those. It dilutes their holding, but they don't need to sell anything. For the sake of argument, say there are 100 shares of LFC in existence, 50 of which are owned by Stattler and Waldorf each. If they issue another 50, they'll each own 33% of the club rather than 50%, but they won't have sold anything. If all 50 new shares go to the same person, that person then also owns 33%.
Seriously: tonight is a turning point, no matter what else happens. We were staring into the abyss, to quote the Guardian headline from Wednesday morning and we're not any more. I guess what you might be saying is that it might be a meaningless turning point unless we win the league which I don't agree with either: whatever position we end up in, it would've been worse if we hadn't won tonight. (Well technically that's not true if we finish bottom of the league but...)
Just a text off a mate but FWIW: Reina, Johnson, Carragher, Agger, Insua; Benayoun, Lucas, Mascherano, Aurelio; Kuyt, Torres. Usual caveat: I trust the mate but I have no idea where he got this from.
IMO it is 20-20 hindsight to say that Houllier should've been removed a year earlier than he was. 02/03 was his first season where it went backwards rather than forwards and IMO he deserved one season to try and turn it around. The turnaround didn't happen, so it was time for him to go when he did.
Found the podcast on iTunes, but for some reason I only get episode 10 edit: ignore, I'm obviously to stupid to use pod casts. Must be an age thing, it was videos for me dad...