Royal Bank of Scotland: Liverpool Football Club

Treasury written question – answered on 7th April 2010.

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Photo of Jim Cousins Jim Cousins Labour, Newcastle upon Tyne Central

To ask the Chancellor of the Exchequer whether the loans made by Royal Bank of Scotland to Liverpool Football Club are guaranteed under the Government's asset protection guarantee scheme.

Photo of Sarah McCarthy-Fry Sarah McCarthy-Fry Parliamentary Secretary, HM Treasury

The Royal Bank of Scotland is a participant in the Asset Protection Scheme. The Government will not disclose any information on individual assets covered by the scheme because this information is received via the Financial Services Authority and relates to the business affairs of individual customers and counterparties. Disclosure of such information is restricted by domestic and European law, and there are no provisions which would permit disclosure in this case. Such information may also be considered commercially sensitive.

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