LFC SOLD to NESV.
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the_khl
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Re: LFC not yet sold to NESV (but we're getting there, maybe...)
Are we there yet?
Are we there yet?
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Sunny link=topic=41783.msg1196922#msg1196922 date=1287131572]
[quote author=TheBunnyman link=topic=41783.msg1196917#msg1196917 date=1287131484]
One thing this whole, tortuous, drawn-out process has undoubtedly done is to make all Liverpool supporters much more trusting and accepting of NESV. If the deal had gone through quickly and easily, I think there'd be a lot more suspicion towards them. Right now, we're all seeing them as white knights on chargers. Hicks has done their PR for them in a way.
[/quote]
Great point - and the fact they've stuck through this throughout all the shit surrounding it speaks volumes
[/quote]
...about what a good deal they're getting.
[quote author=Sunny link=topic=41783.msg1196922#msg1196922 date=1287131572]
[quote author=TheBunnyman link=topic=41783.msg1196917#msg1196917 date=1287131484]
One thing this whole, tortuous, drawn-out process has undoubtedly done is to make all Liverpool supporters much more trusting and accepting of NESV. If the deal had gone through quickly and easily, I think there'd be a lot more suspicion towards them. Right now, we're all seeing them as white knights on chargers. Hicks has done their PR for them in a way.
[/quote]
Great point - and the fact they've stuck through this throughout all the shit surrounding it speaks volumes
[/quote]
...about what a good deal they're getting.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=TheBunnyman link=topic=41783.msg1196917#msg1196917 date=1287131484]
Hicks has done their PR for them in a way.
[/quote]
[quote author=TheBunnyman link=topic=41783.msg1196917#msg1196917 date=1287131484]
Hicks has done their PR for them in a way.
[/quote]
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
nice! ;D
nice! ;D
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
Back in work, so only skim read the posts since early this morning - this may have been answered:
Hasn't the deadline passed, more than 9 hours ago, to get the £200m into RBS's account? If so, isn't it just good grace that we are not in admin, as they have as good as got a cheque in their hands from NESV but can't cash it yet?
Furthermore if the dealine has passed, and RBS were to allow Hicks to refinance/sell to Mill Finance, would he not have extra late repayment costs to pay?
Did I mention that Hicks is a cunt?
Back in work, so only skim read the posts since early this morning - this may have been answered:
Hasn't the deadline passed, more than 9 hours ago, to get the £200m into RBS's account? If so, isn't it just good grace that we are not in admin, as they have as good as got a cheque in their hands from NESV but can't cash it yet?
Furthermore if the dealine has passed, and RBS were to allow Hicks to refinance/sell to Mill Finance, would he not have extra late repayment costs to pay?
Did I mention that Hicks is a cunt?
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
Whatever happens over the next few days, I can see the litigation dragging on for months and possibly years to come. The loser is sure to sue the winner, and there are quite a few parties involved to muddy the waters.
Whatever happens over the next few days, I can see the litigation dragging on for months and possibly years to come. The loser is sure to sue the winner, and there are quite a few parties involved to muddy the waters.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Farkmaster link=topic=41783.msg1196927#msg1196927 date=1287131724]
[quote author=TheBunnyman link=topic=41783.msg1196917#msg1196917 date=1287131484]
Hicks has done their PR for them in a way.
[/quote]
[/quote]
Quite!
[quote author=Farkmaster link=topic=41783.msg1196927#msg1196927 date=1287131724]
[quote author=TheBunnyman link=topic=41783.msg1196917#msg1196917 date=1287131484]
Hicks has done their PR for them in a way.
[/quote]
[/quote]
Quite!
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Rosco link=topic=41783.msg1196907#msg1196907 date=1287130632]
Nothing can stymie the NESV deal. Once a contract is concluded and it's valid that's it. And given the past reputation and confidence we're seeing from Henry in this matter I don't understand why people are repeatedly making the panic comments about rumours from the usual shite sources who know fuck all.
Even if some miracle finance arrived that didn't need to be approved by the LFC Board for some reason, with RBS then out of the equation a contract of sale still exists. All NESV needs to do then is seek an order for Specific Performance of that contract, and they will get it.
And I'll be surprised if the judge in the US doesn't lift the injunction today, if a party is seeking an ex parte injunction they are under a heavy burden to present the full facts of the case, including any arguments the defence might make against the granting of the injunction. Given that this judge will be fully appraised of all the facts today, and we'll be represented at the hearing, Hicks will be fucked out of court very quickly.
[/quote]
Nice one.
To be fair to Hick's ( not that he deserves it) if i was set to lose fucking millions after being in the position a few years earlier to make an easy profit then i would be fighting tooth and nail to stop it happening aswell. You'd could call me a cunt every second of every day for the rest of my life im still going to prefer to lose 40m than 80m if i can avoid it.
RBS did em up like a kipper... nice one...
[quote author=Rosco link=topic=41783.msg1196907#msg1196907 date=1287130632]
Nothing can stymie the NESV deal. Once a contract is concluded and it's valid that's it. And given the past reputation and confidence we're seeing from Henry in this matter I don't understand why people are repeatedly making the panic comments about rumours from the usual shite sources who know fuck all.
Even if some miracle finance arrived that didn't need to be approved by the LFC Board for some reason, with RBS then out of the equation a contract of sale still exists. All NESV needs to do then is seek an order for Specific Performance of that contract, and they will get it.
And I'll be surprised if the judge in the US doesn't lift the injunction today, if a party is seeking an ex parte injunction they are under a heavy burden to present the full facts of the case, including any arguments the defence might make against the granting of the injunction. Given that this judge will be fully appraised of all the facts today, and we'll be represented at the hearing, Hicks will be fucked out of court very quickly.
[/quote]
Nice one.
To be fair to Hick's ( not that he deserves it) if i was set to lose fucking millions after being in the position a few years earlier to make an easy profit then i would be fighting tooth and nail to stop it happening aswell. You'd could call me a cunt every second of every day for the rest of my life im still going to prefer to lose 40m than 80m if i can avoid it.
RBS did em up like a kipper... nice one...
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
RBS refused to take money from Mill finance on advice from lawyers yesterday....... Phew.
RBS refused to take money from Mill finance on advice from lawyers yesterday....... Phew.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Portly link=topic=41783.msg1196932#msg1196932 date=1287131865]
Whatever happens over the next few days, I can see the litigation dragging on for months and possibly years to come. The loser is sure to sue the winner, and there are quite a few parties involved to muddy the waters.
[/quote]
That may well be true (it's certainly what happened when Hicks lost the Texas Rangers, tho' that took months rather than years) but hopefully it won't involve the club directly. Any or all of NESV, RBS, Broughton, Purslow and Ayre could be involved but, if (please God) the sale now goes through, LFC itself would hopefully be out of the litigation picture.
I'm glad but not totally surprised that RBS' lawyers seem to have put the kybosh on taking Mill Financial's money. Were RBS to do that, NESV would almost certainly have them in court sharpish.
[quote author=Portly link=topic=41783.msg1196932#msg1196932 date=1287131865]
Whatever happens over the next few days, I can see the litigation dragging on for months and possibly years to come. The loser is sure to sue the winner, and there are quite a few parties involved to muddy the waters.
[/quote]
That may well be true (it's certainly what happened when Hicks lost the Texas Rangers, tho' that took months rather than years) but hopefully it won't involve the club directly. Any or all of NESV, RBS, Broughton, Purslow and Ayre could be involved but, if (please God) the sale now goes through, LFC itself would hopefully be out of the litigation picture.
I'm glad but not totally surprised that RBS' lawyers seem to have put the kybosh on taking Mill Financial's money. Were RBS to do that, NESV would almost certainly have them in court sharpish.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
Fox refers to the BBC saying Hicks has lifted the restraining order
regards
Fox refers to the BBC saying Hicks has lifted the restraining order
regards
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Vlads Quiff link=topic=41783.msg1196945#msg1196945 date=1287132963]
Fox refers to the BBC saying Hicks has lifted the restraining order
regards
[/quote]
Well that's game set and match NESV then.
[quote author=Vlads Quiff link=topic=41783.msg1196945#msg1196945 date=1287132963]
Fox refers to the BBC saying Hicks has lifted the restraining order
regards
[/quote]
Well that's game set and match NESV then.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
H&G update from David Bond, Lawyers for H&G have removed the TRO...part of the plan to strike a deal with Mill Financial.
H&G update from David Bond, Lawyers for H&G have removed the TRO...part of the plan to strike a deal with Mill Financial.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
I don't understand how they can do that at 4.0am in the morning in the states. I presume they would have to go to court to say they are prepared to lift it.
If true presumably that means that NESV sign the document immediatley, if they have not already.
Although as I said earlier even if there was some legal loophole Hicks can not sell to Mill unless the Premier League have given permission.
regards
I don't understand how they can do that at 4.0am in the morning in the states. I presume they would have to go to court to say they are prepared to lift it.
If true presumably that means that NESV sign the document immediatley, if they have not already.
Although as I said earlier even if there was some legal loophole Hicks can not sell to Mill unless the Premier League have given permission.
regards
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Farkmaster link=topic=41783.msg1196882#msg1196882 date=1287129259]
[quote author=spider-neil link=topic=41783.msg1196874#msg1196874 date=1287128548]
[quote author=doctor_mac link=topic=41783.msg1196871#msg1196871 date=1287128382]
Being widely reported this morning that Hicks' injunction was a stalling tactic to do a deal with Mill finance to pay off RBS. I've no doubt that Hicks is violating numerous undertakings (as well as the ruling of the High Court) in all this, but by fuck this c*nt is fighting like an alley cat.
[/quote]
if it were happening to anyone else you'd almost admire his tenacity
[/quote]
No I wouldn't. The world, especially the U.S. has too many lawyers, and far too many fat capitalists who use them and their money power to squirm out of failure while accepting all the benefits of success.
About 120,000 people every month in the U.S. are going into foreclosure. When the bank says their money is due, they're fucked. They are fucked, there is almost no social safety net, there is no discussion, no court case, do you think they get legal aid? It's recently emerged banks haven't even been looking at their cases, and just have robo-signed them, thousands at a time, into foreclosure.
Some of them are victims of Hicks and those like him who thought the party would go on forever. Some of them are victims of their own stupid logic and spending beyond their means. They are all fucked though, and Hicks and Gilette, though they've lost a lot of wealth, which due to the nature of their risky business, never included a ton of realizable assets, will be just fine. They should all be in the same boat, but we know they aren't.
Hicks has had chance after chance to take a profit. The fact that he hasn't is his own stupid greed, a lack of understanding of the market he bought into, and the fact that he is obviously a horrible person to do business with. He so deserves to fail and take a huge loss.
There's absolutely nothing to admire in Hicks. When he was in control he was a poor business man. His strategy was predicated on short lived market conditions, but even more unforgivably he was almost infantile with his atrocious communication, his squabbling, his awful PR. So now it's gone tits up and he's trying to do what he's best at - winning by being a pain in the ass cunt, using a legal system that seems to reward pain in the ass cunts more than any other in human history. The only reason he might not get away with mitigating his losses and in so doing irreparably damaging a business, which apart from our involvement employs and directly effects the living of hundreds of people, is because the UK court system isn't quite so fucked up.
[/quote]
Excellent post Farky. In 100 years time people will look back and laugh at our current legal system. The fact that rich people can avail of highly paid representation that gives them a better chance of success in court cases is a slap in the face of justice.
[quote author=Farkmaster link=topic=41783.msg1196882#msg1196882 date=1287129259]
[quote author=spider-neil link=topic=41783.msg1196874#msg1196874 date=1287128548]
[quote author=doctor_mac link=topic=41783.msg1196871#msg1196871 date=1287128382]
Being widely reported this morning that Hicks' injunction was a stalling tactic to do a deal with Mill finance to pay off RBS. I've no doubt that Hicks is violating numerous undertakings (as well as the ruling of the High Court) in all this, but by fuck this c*nt is fighting like an alley cat.
[/quote]
if it were happening to anyone else you'd almost admire his tenacity
[/quote]
No I wouldn't. The world, especially the U.S. has too many lawyers, and far too many fat capitalists who use them and their money power to squirm out of failure while accepting all the benefits of success.
About 120,000 people every month in the U.S. are going into foreclosure. When the bank says their money is due, they're fucked. They are fucked, there is almost no social safety net, there is no discussion, no court case, do you think they get legal aid? It's recently emerged banks haven't even been looking at their cases, and just have robo-signed them, thousands at a time, into foreclosure.
Some of them are victims of Hicks and those like him who thought the party would go on forever. Some of them are victims of their own stupid logic and spending beyond their means. They are all fucked though, and Hicks and Gilette, though they've lost a lot of wealth, which due to the nature of their risky business, never included a ton of realizable assets, will be just fine. They should all be in the same boat, but we know they aren't.
Hicks has had chance after chance to take a profit. The fact that he hasn't is his own stupid greed, a lack of understanding of the market he bought into, and the fact that he is obviously a horrible person to do business with. He so deserves to fail and take a huge loss.
There's absolutely nothing to admire in Hicks. When he was in control he was a poor business man. His strategy was predicated on short lived market conditions, but even more unforgivably he was almost infantile with his atrocious communication, his squabbling, his awful PR. So now it's gone tits up and he's trying to do what he's best at - winning by being a pain in the ass cunt, using a legal system that seems to reward pain in the ass cunts more than any other in human history. The only reason he might not get away with mitigating his losses and in so doing irreparably damaging a business, which apart from our involvement employs and directly effects the living of hundreds of people, is because the UK court system isn't quite so fucked up.
[/quote]
Excellent post Farky. In 100 years time people will look back and laugh at our current legal system. The fact that rich people can avail of highly paid representation that gives them a better chance of success in court cases is a slap in the face of justice.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
YESSSSSS!!!!!
YESSSSSS!!!!!
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
Really!
Maybe he realises he cant afford to lose the 15K he put up for that as well....
sneaky bastard though, i will wait to see if its game set and match yet...
Really!
Maybe he realises he cant afford to lose the 15K he put up for that as well....
sneaky bastard though, i will wait to see if its game set and match yet...
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
So thats another $15,000 down the drain Tom.
So thats another $15,000 down the drain Tom.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Jack D Rips link=topic=41783.msg1196957#msg1196957 date=1287133343]
So thats another $15,000 down the drain Tom.
[/quote]
even though he is a complete cunt you have to admire the fight the old bastard Hicks is showing, he is like a rotweiller
[quote author=Jack D Rips link=topic=41783.msg1196957#msg1196957 date=1287133343]
So thats another $15,000 down the drain Tom.
[/quote]
even though he is a complete cunt you have to admire the fight the old bastard Hicks is showing, he is like a rotweiller
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Fabio link=topic=41783.msg1196959#msg1196959 date=1287133533]
My hat has changed it's status from "cautious" to "less cautious"
[/quote]
Robs Fabio's very cautious hat.
[quote author=Fabio link=topic=41783.msg1196959#msg1196959 date=1287133533]
My hat has changed it's status from "cautious" to "less cautious"
[/quote]
Robs Fabio's very cautious hat.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Mystic link=topic=41783.msg1196963#msg1196963 date=1287133643]
My only worry is why would Hicks do this, he must have some sort of plan?
[/quote]
He's a sad, vengeful and petty twat of the highest order.
[quote author=Mystic link=topic=41783.msg1196963#msg1196963 date=1287133643]
My only worry is why would Hicks do this, he must have some sort of plan?
[/quote]
He's a sad, vengeful and petty twat of the highest order.
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
[quote author=Redshrek link=topic=41783.msg1196961#msg1196961 date=1287133619]
[quote author=Fabio link=topic=41783.msg1196959#msg1196959 date=1287133533]
My hat has changed it's status from "cautious" to "less cautious"
[/quote]
Robs Fabio's very cautious hat.
[/quote]
Rotten kids!
That cost 60 quid
*drives to "Hats for all occasions"*
[quote author=Redshrek link=topic=41783.msg1196961#msg1196961 date=1287133619]
[quote author=Fabio link=topic=41783.msg1196959#msg1196959 date=1287133533]
My hat has changed it's status from "cautious" to "less cautious"
[/quote]
Robs Fabio's very cautious hat.
[/quote]
Rotten kids!
That cost 60 quid
*drives to "Hats for all occasions"*
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
how can hicks wriggle out of this though, if the TRO is gone then surely NESV can close the deal?
how can hicks wriggle out of this though, if the TRO is gone then surely NESV can close the deal?
Re: LFC not yet sold to NESV (but we're getting there, maybe...)
Sky - Money ready to be paid into RBS account from NESV.
Mill F now in negotiations to buy Hicks 50%, offer slightly higher than NESV offer, but if MF offer accepted NESV could take legal option and will sue as they have binding agreement
Sky - Money ready to be paid into RBS account from NESV.
Mill F now in negotiations to buy Hicks 50%, offer slightly higher than NESV offer, but if MF offer accepted NESV could take legal option and will sue as they have binding agreement
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