Liverpool had debt of £95m before the stadium expansion.From what I've read they've got rid of over £200m of our debt since the Hicks & Gillett days but my understanding of the financial side of football is limited.
The only thing I am sure of is that every single owner in the premier league is a businessman (or businessmen in some clubs cases) and I'm not naive enough to think that anyone of them would be getting rid of a clubs debt unless it benefited them personally, no owner would be writing off a clubs debt out of the goodness of his heart.
FSG did loan £69m and later converted it to equity, and they loaned a further £49m towards the new stand.
Your net debt will likely be over £200m now.
Moshiri has cleared the debt in order to set the club up to be able to fund the new stadium.

