The loan must either be repaid or rolled over and, according to The Observer newspaper, unless a deal is struck with one of the parties involved in take over negotiations, RBS's corporate-restructuring team would assume control of Liverpool and run the club as a wholly-owned subsidiary.
"From what I understand, and that's all I can say, the urgency is there due to the pressure from the banks, so I would anticipate that something will be happening within the next four to six weeks or so," said Liverpool's company secretary Ian Silvester.
Reported parties looking to take over the club include Chinese Kenny Huang, Syrian Yahya Kirdi, the Kuwaiti Kharafi Group, US private-equity firm Rhône Group and Indian conglomerate Sahara.
Should a deal not be struck in the next two months, RBS would alternatively be able to put the club's parent company, Kop Football Holdings, into administration, a move that would lead to a nine-point deduction under Premier League insolvency rules.
