Liege have borrowed money from Fellaini and not repaid it. They owe him three million euros.Adminstration for a club with close to a billion in debt is, I could be wrong, unheard of. We'd never fully recover. It doesn't wipe the slate. Whoever takes over still has to pay the debt.
There's no evidence they're yet to be terrible owners though. They've taken over potless clubs since 2022 and...they've stayed potless. But none of them are going out of business, all mid table, all prudently ran in the early stages.
They aren't owners to take us to "the next level" but I don't see them as a new Milan Mandaric or Risdale.
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