Liverpool Owners Hicks And Gillett Lose Court Battle

Chris Wright

13th, October 2010

10 Comments

By Chris Wright

Bit of ‘breaking’ for you in the ongoing soap opera that is the takeover of Liverpool Football Club.

It has just been confirmed that the High Court have granted injunctions against Liverpool owner’s Tom Hicks and George Gillett that could feasibly pave the way for New England Sports Ventures to buy the club before Friday’s debt deadline.

As a result of the injunctions, the English contingent of Liverpool’s interim board will assume executive power and creditors Royal Bank of Scotland (RBS) will be granted permission to facilitate the sale of the club without the say-so of the American owners.

Liverpool FC will need to be sold before Friday to avoid having it’s holding company go into administration (risking a nine-point deduction) as a result of the £237.4 million debts owed to RBS – with NSEV said to be in pole position to make the deal due to having their £300 million offer accepted by chairman Martin Broughton before the court hearing began yesterday.

Posted in Featured, Liverpool

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10 Comments

  1. C says:

    Finally some good news!

  2. Meji says:

    Go into administration please.

  3. Veej says:

    YEAHY!!!! At long flipping last!!! Good riddance you scum Yanks!!!! YNWA!

  4. Meji says:

    I’m joking it was nice seeing you struggle for so long though.

  5. Eric says:

    What’s the difference between a scum Yank and NESV? Just curious.

  6. Ollie Irish says:

    Well, out of the frying pan and all that. Jury still out on the next owners, whoever they might be

  7. PhilandoTorres says:

    Well this is all very well and good but it doesn’t solve the most important crisis ever faced by Liverpool Football Club – Poulsen playes EVERY FUCKING GAME! He is truly Hodgson’s Lucas.

  8. Mr. Angry says:

    ABOUT FUCKIN TIME THESE YANKEE MOTHER FUCKERS ARE KICKED OUT OF THE CLUB, COZ IF THEY HAVENT BEEN… ILL GO OVER THERE AND DRAG THEM OUT MYSELF!

  9. Mr. X says:

    Ironically, NESV owns the Red Sox baseball team who also hate the Yankees (Yanks) so it smacks a little of marketing ploy. That said, NESV and the other Red Sox owners did turn around the club and invest and have never been ones to just buy and try to mark up and resell like Hicks and Gillett. Here’s hoping that they can get it right.

  10. Donner Meat says:

    Happy birthday Maggie Thatcher. She turns on the telly to see Scousers and miners celebrating. Is right.

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