Saddened to read this. You'd like to think the club could step up and offer some support.
Peter Cormack was a wonderful footballer and as you say integral to Shank's team of the early 70s. Scottish inside forward who adapted his game to play as an advanced midfielder. He weighed in with some vital goals. And as I remember, the first LFC player to wear the number 5 shirt who wasn't the centre-half (as tradition dictated back then) His career at LFC would have gone on for a lot longer had it not been for a serious injury.
I wish him all the best.