Liverpool meltdown is a national disgrace: The Sun UK

Well..I think all Kops have read about how critical the situation is now for LFC. Many think that Hicks and Gillete oughtta be on their way out. What I a so sorry about is the way these 2 Yanks are looking at this matter.These clowns have no passion or whatsoever for football.All they think about is profit. Liverpool FC have never in this kind of turmoil until these two cowboys came.They brought in their debts along trying to emulate what the Glazers are doing at Man U. But the Glazers were much richer and smarter. Hicks and Gillete refused to sell their whole share to the Kuwaitis and only offered 50% of their share to the Arabs. Until now,I'm still wondering whether the Yanks are willing to sell their share to the Arabs as time is really not on their side.They have only till 24 July to come up with or LFC we'll become another Leeds United .

Below is the excerpt I collected from what Ian Wright wrote in The Sun UK :

FOR many, football has always been and always will be a religion.

But, when I started playing, it was still generally regarded as a sport.

The grounds may have been half-empty and in need of a lick of paint - and the punters did not get to watch the world's best players week-in, week-out.

But they also did not have to remortgage their house to get a ticket and they knew the name of the chairman.

They might not have always liked him or agreed with his decisions.

But they knew, by and large, he could be trusted to at least keep their club alive. And the sport retained its integrity.

Then, with the advent of improved TV coverage, football became rebranded as 'entertainment'.

New grounds were built and old ones redeveloped. Families came flocking back and players became as rich and famous as pop stars.

Now, after a string of multi-million pound takeovers, we are told football is a 'business'.

And look where that has got us. A clutch of English footballing dynasties owned by wealthy - mainly foreign - businessmen who do not have the clubs in their hearts, only on their balance sheets.

The news Liverpool are on the brink of financial meltdown is nothing short of a national disgrace but, you have to admit, not entirely surprising.

After all they are not the only Big Four club to be run by foreign owners who give the impression they care more about making profit and raising money than winning trophies.

Anfield is sold out every week, with fans paying good money for tickets. And I bet the club rakes in millions a year in hospitality and sponsorship revenue from companies desperate to be linked with one of the great names in world football.

So how can the club be in so much debt?

Well, because we now have a situation where it seems our top football clubs are merely pawns in a big-business chess game where the prize is making as much money as possible.

It probably won't matter to Liverpool owners Tom Hicks and George Gillett that manager Rafa Benitez will not have the money to strengthen his playing squad this summer. Just as long as the wolves are kept from the door. It goes against everything the club and English football stands for.

Liverpool are not the only ones in trouble. I am sure Manchester United fans are worried about their club suffering the same fate. Look at Newcastle as well.

Further proof that businessmen who know nothing about football are dangerous when they take over a club. Full stop.

But the most chilling fact is that nothing can be done about it.

I am sure the regulars at Anfield, Old Trafford, St James' Park and beyond long for a return to the good old days when clubs were run by local businessmen and their families.

My first professional chairman at Crystal Palace was Ron Noades - a football and business genius.

Yes, he still gets flak from Palace fans to this day. But had he sold the lease to Selhurst Park, there would be no club today.

When I started training with Palace, I asked for some expenses because it was costing me money to go to training. He said: "Blow the expenses, we'll give you £100 a week for three months."

After training, I would spend the afternoon sitting in his office. I learnt so much about business through watching Ron work.

He even bought me my first car - an old Mini Metro - and then took it back when he discovered I hadn't passed my driving test!

When I passed my test later, he bought me a Peugeot. He cared about Palace and the players.

I thought all chairmen were like him. When I joined Arsenal I used to march into vice-chairman David Dein's office and just sit there.

It wasn't until a couple of weeks later that I was told it wasn't really appropriate.

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What Ian Wright said was correct but what I really liked about it was when he mentioned about businessmen taking over a football club.It has slowly but surely becoming a trend.You have loads of money,lets play by buying big football clubs.. and now LFC are the victims facing the music.Who should we blame for this? The 2 Americans or maybe..Rick Parry himself ?