However, Liberty Steel insiders conceded that the launching of investigations into the relationship between Liberty and its now-defunct backer, Greensill, by both the Serious Fraud Office and the Financial Conduct Authority were complications in refinancing the UK’s third largest steel maker.
![Liberty Steel to sell Stocksbridge plant to pay off lender](https://i0.wp.com/ichef.bbci.co.uk/news/1024/branded_news/12144/production/_117725047_liberty-steel-group.jpg?w=1400&resize=1400%2C&ssl=1)