Re: LFC Sold to NESV (New England Sports Ventures)
[quote author=IanTheRed link=topic=41783.msg1193890#msg1193890 date=1286959765]
Regardless of today's outcome, even if we are sold to NESV, this could drag on for months:
I don't think Lim and Mill would have a snowballs chance , NESV on the other hand would, as they have a written agreement by all accounts, and as it has been shown that the board had the authority.
regards
[quote author=IanTheRed link=topic=41783.msg1193890#msg1193890 date=1286959765]
Regardless of today's outcome, even if we are sold to NESV, this could drag on for months:
[/quote]9.42am: As Paul Kelso says, today is very unlikely to bring an end to this saga:
Whoever loses is certain to appeal. Hicks and Gillett have launched their own counter-suit against RBS and the board, while Broughton and the club have begun proceedings for a separate declaratory judgment approving the sale to NESV. Meanwhile the three potential buyers - NESV, Peter Lim and Mill Financial - could seek damages if their ambition to control Liverpool is frustrated.
I don't think Lim and Mill would have a snowballs chance , NESV on the other hand would, as they have a written agreement by all accounts, and as it has been shown that the board had the authority.
regards