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LFC SOLD to NESV.

Re: LFC Sold to NESV (New England Sports Ventures)

3.52pm: Broughton's QC says: 130 parties were approached by the board in regards to takeover. "It was a thorough and well thought through process".

He adds that the Meriton offer only came in once they seen the bid by NESV. Meriton's original bid was "significantly less" than NESV.

He also says that Mill Financial wanted exclusivity, which was prohibited under the rules of the RBS agreement.
 
Re: LFC Sold to NESV (New England Sports Ventures)

scaled.php
 
Re: LFC Sold to NESV (New England Sports Ventures)

And yet the winning bid was one of a man who was sent an email by a stranger.
 
Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Asim link=topic=41783.msg1193446#msg1193446 date=1286895507]
130!
DAMN
[/quote]

Yet people on various site's accused the board of not doing their job and finding a bidder. They we're looking anyway it seems.
 
Re: LFC Sold to NESV (New England Sports Ventures)

danroan
seems lfc have until nov 1 to do deal with nesv - if rbs decide not to put club into admin'ion - judge says resolution this week "ambitious"
 
Re: LFC Sold to NESV (New England Sports Ventures)

neiljjones
He adds that the Meriton (Lim) offer only came in once they seen the bid by NESV. Meriton's original bid was "significantly less" than NESV.
 
Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Asim link=topic=41783.msg1193454#msg1193454 date=1286895701]
Damn it
[/quote]

What, for fuck's sake?
 
Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Wilko link=topic=41783.msg1193455#msg1193455 date=1286895788]
[quote author=Asim link=topic=41783.msg1193454#msg1193454 date=1286895701]
Damn it
[/quote]

What, for fuck's sake?
[/quote]

[quote author=Stulikesdrums link=topic=41783.msg1193451#msg1193451 date=1286895608]
danroan
seems lfc have until nov 1 to do deal with nesv - if rbs decide not to put club into admin'ion - judge says resolution this week "ambitious"
[/quote]

last bit cant be good news
 
Re: LFC Sold to NESV (New England Sports Ventures)

I think he's talking about the liklihood that it might not be resolved today.

I think it might not be either, since the court will take note of the fact that Nov 1 is the deadline to date to conclude the NESV deal and RBS is unlikely toput us into administration
 
Re: LFC Sold to NESV (New England Sports Ventures)

This isn't such bad news though; the case Hicks has presented has been quite poor so far..it's just that the number of issues raised requires time to sift through.
 
Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Stulikesdrums link=topic=41783.msg1193451#msg1193451 date=1286895608]
danroan
seems lfc have until nov 1 to do deal with nesv - if rbs decide not to put club into admin'ion - judge says resolution this week "ambitious"
[/quote]

Yeah, thought it would be.
 
Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=jono@home link=topic=41783.msg1193447#msg1193447 date=1286895561]
scaled.php

[/quote]

jono your avatar gif is massive 🙂
 
Re: LFC Sold to NESV (New England Sports Ventures)

Last night Anfield Road reported in good faith that Martin Broughton and the other English members of the Kop/LFC boards would not be at the High Court today for the hearings related to Liverpool FC and the dispute with co-owners Tom Hicks and George Gillett.

We’d been passed this information by a very reliable source and a source we trust completely.

This was later backed up when Spirit of Shankly cancelled arrangements to travel down to London to be there for the hearing.

When we learned this morning that Martin Broughton and Christian Purslow had arrived at the High Court we were understandably confused and disappointed. We still had no reason to doubt the intentions of our source – and our source was also confused (and angry) as to why two of the board had actually attended the court after all.

The story last night was that today’s trial – which is actually RBS v Hicks and others – was little more than a discussion between lawyers to discuss the process and to agree times and dates. RBS had taken this action because Hicks had tried to interfere with the board, something that RBS and LFC contend he doesn’t have any right to do.

Although the hearing is important to LFC’s overall battle against its owners it wasn’t seen as the main event compared to what’s to come later in the week. For fans to take the time off work and go to the expense of travelling for what was expected to be a short meeting (a matter of minutes) between lawyers would have been a waste of time and money and best left until that next hearing.

Martin Broughton, Christian Purslow and Ian Ayre would not be attending either.

It has now emerged that a major change took place during the night.

We have been informed that Tom Hicks has now counter-sued Martin Broughton, Christian Purslow, Ian Ayre and RBS with the claim that they had not acted appropriately in terms of accepting the bid from NESV.

This means a straightforward procedural hearing has now escalated – RBS taking the decision this morning after legal advice and consideration throughout the night. Today’s hearing is now much bigger than expected.

Martin Broughton and Christian Purslow were already in London and so the decision was taken at short notice that both would attend court. Ian Ayre was still in Liverpool.

It has been pointed out that Broughton and Purslow are still only there as observers for today’s hearing. This is RBS’s trial, not Liverpool FC’s.

Anfield Road has been assured that the message relayed last night was not done so as an attempt to dissuade supporters from being there for the trial. We have been assured that this is quite the opposite to what is wanted.

As soon as the date, time and location of the trial are known the details will be released and relayed to supporters.

The message Anfield Road has heard is quite clear – if fans are going to take time off work and spend their hard-earned cash travelling to the court to show their support for the club, please don’t turn up on the wrong day.

That was the message last night and it remains the message today.
 
Re: LFC Sold to NESV (New England Sports Ventures)

4.04pm: JUDGE SAYS IT WOULD BE A "LITTLE AMBITIOUS" FOR THE CASE TO BE SETTLED BY FRIDAY. (In reply to Broughton's QC saying board would desperately like a verdict by then).
 
Re: LFC Sold to NESV (New England Sports Ventures)

Nov 1st!? I mean seriously 6th Oct, 15th Oct..1st Nov..just get it over and done with dammit
 
Re: LFC Sold to NESV (New England Sports Ventures)

danroan Dan Roan
true complexity of this case now clear - 5 qc's have now spoken - for rbs, h&g, lfc, Broughton, and nesv
 
Re: LFC Sold to NESV (New England Sports Ventures)

I don't think LFC is going to sue those bankrupt cunts.

They just want the right to sell to NESV.
 
Re: LFC Sold to NESV (New England Sports Ventures)

danroan
true complexity of this case now clear - 5 qc's have now spoken - for rbs, h&g, lfc, Broughton, and nesv
 
Re: LFC Sold to NESV (New England Sports Ventures)

Book keeping, legal cases and finances. Football's a simple game. I fucking hate this.
 
Re: LFC Sold to NESV (New England Sports Ventures)

I think it's safe to say rbs wont place liverpool into adminstation at the end of the week
 
Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Stulikesdrums link=topic=41783.msg1193473#msg1193473 date=1286896476]
danroan
true complexity of this case now clear - 5 qc's have now spoken - for rbs, h&g, lfc, Broughton, and nesv[/quote]

Why?
 
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