I can't remember the details now but this interview mentions 70 mln pound debt when he looked at the books. Following that, he dropped his offer to near £2,700 per share from about £3,250 per share (do remember that). Says Purslow is a good man, he was helping Morgan at the time (didn't know that) and reckons Liverpool would be debt-free now if he had taken over. Still a Liverpool fan at heart - his son is called Red and both his kids will be mascots this weekend. You are right about Moores dislike. Morgan is still complaining about when he took five percent of the shares and went to a game with an important business guest and got refused admittance by Moores.