Premier league clubs owe 56% of europe's debt

This is an article from the Guardian. I copy the paragrapf that talks about Liverpool:

Uefa's leadership makes a marked contrast with the silence at the Premier League and the Football Association over the debts at Manchester United and Liverpool, which now add up to more than £1bn collectively. Those huge debts were loaded on to the clubs by their North American owners' "leveraged" takeovers, yet despite the furore and mass supporter protests particularly over United's £716m debts, neither the Premier League nor FA have voiced any concern. Uefa, in its report, identifies United and Liverpool's debts as highly significant to the Premier League's overall indebtedness, and criticises the effect it has had on the clubs financially. "Just over half of [the Premier League's] commercial debt has been placed into the [relevant] clubs [or at a holding company level] recently as a result of leveraged buyouts," the report says, "so far acting principally as a burden rather than to support investment or spending".