• You may have to login or register before you can post and view our exclusive members only forums.
    To start viewing messages, select the forum that you want to visit from the selection below.

LFC SOLD to NESV.

Forums Unread posts
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=doctor_mac link=topic=41783.msg1197003#msg1197003 date=1287134553]
Doesn't he still need board approval?

What about fit and proper owner rules?
[/quote]
If Hicks does manage to pay off the debt with money from Mill, he is still the owner and they can wait for the fit and proper persons test to go through and then pass it to Mill.

regards
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

the judge was definately helping out his buddy to stall time. he could have lifted the TRO yesterday.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=Judge Jules link=topic=41783.msg1197009#msg1197009 date=1287134713]
[quote author=doctor_mac link=topic=41783.msg1197003#msg1197003 date=1287134553]
Doesn't he still need board approval?

What about fit and proper owner rules?
[/quote]

And what about those various reasons in company law that someone listed ages back to show that Hicks can't legally sell his shares anyway? I can't remember who posted them, but our resident lawyer Avvy seemed to feel they added up.
[/quote]

FreshRed, and he's probably a lawyer with better knowlege of the facts than me.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=spider-neil link=topic=41783.msg1197011#msg1197011 date=1287134765]
the judge was definately helping out his buddy to stall time. he could have lifted the TRO yesterday.
[/quote]

Yes, I think that is becoming pretty clear.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=spider-neil link=topic=41783.msg1196983#msg1196983 date=1287134147]
is this now a case of who gets the money to RBS first?
[/quote]

Yes.

The ownership of the club will be decided by a race.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

10.21am:

Lifting the injunction sparks a race against time for the two respective parties to get their deal through first. Sources close to the NESV deal are believed to be confident that a sale to Mill Financial would still require board approval and would therefore challenge any sale in court,

says Owen Gibson.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=spider-neil link=topic=41783.msg1197014#msg1197014 date=1287134819]
I really hope NESV's agreement really 'IS' binding.
[/quote]

Go on Neil, ask us if it is. You know you want to.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=spider-neil link=topic=41783.msg1197014#msg1197014 date=1287134819]
I really hope NESV's agreement really 'IS' binding.
[/quote]

We'll just have to wait and see Neil. Try and distract yourself for a while. Perhaps play 20 questions with a friend or give a magic 8 ball a go for a while.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=TheBunnyman link=topic=41783.msg1197019#msg1197019 date=1287134892]
[quote author=spider-neil link=topic=41783.msg1197014#msg1197014 date=1287134819]
I really hope NESV's agreement really 'IS' binding.
[/quote]

Go on Neil, ask us if it is. You know you want to.
[/quote]

is it? 😉
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=Rosco link=topic=41783.msg1197017#msg1197017 date=1287134866]
[quote author=spider-neil link=topic=41783.msg1196983#msg1196983 date=1287134147]
is this now a case of who gets the money to RBS first?
[/quote]

Yes.

The ownership of the club will be decided by a race.
[/quote]

Egg and spoon?
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=TheBunnyman link=topic=41783.msg1197023#msg1197023 date=1287134951]
[quote author=Rosco link=topic=41783.msg1197017#msg1197017 date=1287134866]
[quote author=spider-neil link=topic=41783.msg1196983#msg1196983 date=1287134147]
is this now a case of who gets the money to RBS first?
[/quote]

Yes.

The ownership of the club will be decided by a race.
[/quote]

Egg and spoon?
[/quote]

Why not ?

It makes as much sense.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=Rosco link=topic=41783.msg1197017#msg1197017 date=1287134866]
[quote author=spider-neil link=topic=41783.msg1196983#msg1196983 date=1287134147]
is this now a case of who gets the money to RBS first?
[/quote]

Yes.

The ownership of the club will be decided by a race.
[/quote]

That's bullshit. Mill will have a head start with them being privy as to when the TRO was lifted.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=Rosco link=topic=41783.msg1197017#msg1197017 date=1287134866]
[quote author=spider-neil link=topic=41783.msg1196983#msg1196983 date=1287134147]
is this now a case of who gets the money to RBS first?
[/quote]

Yes.

The ownership of the club will be decided by a race.
[/quote]

Do you think then that RBS would ignore their lawyers' advice and accept payment from Mill Financial?
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=spider-neil link=topic=41783.msg1197022#msg1197022 date=1287134941]
[quote author=TheBunnyman link=topic=41783.msg1197019#msg1197019 date=1287134892]
[quote author=spider-neil link=topic=41783.msg1197014#msg1197014 date=1287134819]
I really hope NESV's agreement really 'IS' binding.
[/quote]

Go on Neil, ask us if it is. You know you want to.
[/quote]

is it? 😉
[/quote]

Not as binding as this duct tape.

*seals spidey's mouth*
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=ILD link=topic=41783.msg1197025#msg1197025 date=1287134984]
[quote author=Rosco link=topic=41783.msg1197017#msg1197017 date=1287134866]
[quote author=spider-neil link=topic=41783.msg1196983#msg1196983 date=1287134147]
is this now a case of who gets the money to RBS first?
[/quote]

Yes.

The ownership of the club will be decided by a race.
[/quote]

That's bullshit. Mill will have a head start with them being privy as to when the TRO was lifted.
[/quote]

Where is Mill Financial's head office ?

Is it closer to London than Boston ?
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=Rosco link=topic=41783.msg1197017#msg1197017 date=1287134866]
[quote author=spider-neil link=topic=41783.msg1196983#msg1196983 date=1287134147]
is this now a case of who gets the money to RBS first?
[/quote]

Yes.

The ownership of the club will be decided by a race.
[/quote]

He's going to believe you, Ross.

Neil, it's still very unlikely since it's still a matter of selling something he doesnt own.
There is no way Mills can get into it now, bt I'm not convinced damages can ruled out.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=spider-neil link=topic=41783.msg1196983#msg1196983 date=1287134147]
[quote author=Rosco link=topic=41783.msg1197017#msg1197017 date=1287134866]
[quote author=spider-neil link=topic=41783.msg1196983#msg1196983 date=1287134147]
is this now a case of who gets the money to RBS first?
[/quote]

Yes.

The ownership of the club will be decided by a race.
[/quote]

Ok. Your a lawyer, so you probably know - which is faster, Mills Financial's lawyer, or NESV's?

Bearing in mind london traffic I'd have expected them to run, so who can get to RBS faster? Who actually starts nearer? What is the average speed someone can run in central London at 10:30am?
[/quote]

For fucks sake Neil...
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=TheBunnyman link=topic=41783.msg1197028#msg1197028 date=1287135022]
[quote author=spider-neil link=topic=41783.msg1197022#msg1197022 date=1287134941]
[quote author=TheBunnyman link=topic=41783.msg1197019#msg1197019 date=1287134892]
[quote author=spider-neil link=topic=41783.msg1197014#msg1197014 date=1287134819]
I really hope NESV's agreement really 'IS' binding.
[/quote]

Go on Neil, ask us if it is. You know you want to.
[/quote]

is it? 😉
[/quote]

Not as binding as this duct tape.

*seals spidey's mouth*


[/quote]

Spidey types with his mouth? That explains a lot.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=Judge Jules link=topic=41783.msg1197026#msg1197026 date=1287135003]
[quote author=Rosco link=topic=41783.msg1197017#msg1197017 date=1287134866]
[quote author=spider-neil link=topic=41783.msg1196983#msg1196983 date=1287134147]
is this now a case of who gets the money to RBS first?
[/quote]

Yes.

The ownership of the club will be decided by a race.
[/quote]

Do you think then that RBS would ignore their lawyers' advice and accept payment from Mill Financial?
[/quote]

Mr. Smith of the times said RBS had refused the mill offer on the advice of the lawyers (probably because of the TRO) my hope is they hold fast even if Mill offer to sweeten the deal.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=Avmenon link=topic=41783.msg1197031#msg1197031 date=1287135062]
[quote author=Rosco link=topic=41783.msg1197017#msg1197017 date=1287134866]
[quote author=spider-neil link=topic=41783.msg1196983#msg1196983 date=1287134147]
is this now a case of who gets the money to RBS first?
[/quote]

Yes.

The ownership of the club will be decided by a race.
[/quote]

He's going to believe you, Ross.

Neil, it's still very unlikely since it's still a matter of selling something he doesnt own.
There is no way Mills can get into it now, bt I'm not convinced damages can ruled out.
[/quote]

The obvious solution and the one the UK court seemed to be leanining towards was allowing the sale to NESV. If Hicks can show he could have received more from another deal which the board ignored then NESV can pay the difference to him in damages.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=Rosco link=topic=41783.msg1197017#msg1197017 date=1287134866]
[quote author=spider-neil link=topic=41783.msg1196983#msg1196983 date=1287134147]
is this now a case of who gets the money to RBS first?
[/quote]

Yes.

The ownership of the club will be decided by a race.
[/quote]

That's a LOL
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=Judge Jules link=topic=41783.msg1197026#msg1197026 date=1287135003]
[quote author=Rosco link=topic=41783.msg1197017#msg1197017 date=1287134866]
[quote author=spider-neil link=topic=41783.msg1196983#msg1196983 date=1287134147]
is this now a case of who gets the money to RBS first?
[/quote]

Yes.

The ownership of the club will be decided by a race.
[/quote]

Do you think then that RBS would ignore their lawyers' advice and accept payment from Mill Financial?
[/quote]

It couldn't be accepted because of the TRO. That has been lifted.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=doctor_mac link=topic=41783.msg1197037#msg1197037 date=1287135220]
[quote author=Judge Jules link=topic=41783.msg1197026#msg1197026 date=1287135003]
[quote author=Rosco link=topic=41783.msg1197017#msg1197017 date=1287134866]
[quote author=spider-neil link=topic=41783.msg1196983#msg1196983 date=1287134147]
is this now a case of who gets the money to RBS first?
[/quote]

Yes.

The ownership of the club will be decided by a race.
[/quote]

Do you think then that RBS would ignore their lawyers' advice and accept payment from Mill Financial?
[/quote]

It couldn't be accepted because of the TRO. That has been lifted.
[/quote]

I'd have thought they'd also be concerned about a lawsuit from NESV.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

@JimBoardman
Jim Boardman
Guardian say sources close to NESV deal confident a sale to Mill would still require board approval, would challenge any sale in court
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=Judge Jules link=topic=41783.msg1197038#msg1197038 date=1287135299]
[quote author=doctor_mac link=topic=41783.msg1197037#msg1197037 date=1287135220]
[quote author=Judge Jules link=topic=41783.msg1197026#msg1197026 date=1287135003]
[quote author=Rosco link=topic=41783.msg1197017#msg1197017 date=1287134866]
[quote author=spider-neil link=topic=41783.msg1196983#msg1196983 date=1287134147]
is this now a case of who gets the money to RBS first?
[/quote]

Yes.

The ownership of the club will be decided by a race.
[/quote]

Do you think then that RBS would ignore their lawyers' advice and accept payment from Mill Financial?
[/quote]

It couldn't be accepted because of the TRO. That has been lifted.
[/quote]

I'd have thought they'd also be concerned about a lawsuit from NESV.
[/quote]

RBS aren't selling the club. Just accepting payment for the debt owed by Hicks.

And he obtained the TRO to stall and set up the deal with Mill. That's the story anyhoo.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

KellyCates Kelly Cates
by JimBoardman
Guardian saying tro might have been lifted to stop H&G going to jail!!! Says they were economical with facts in Texas court
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=Rosco link=topic=41783.msg1197030#msg1197030 date=1287135062]
[quote author=ILD link=topic=41783.msg1197025#msg1197025 date=1287134984]
[quote author=Rosco link=topic=41783.msg1197017#msg1197017 date=1287134866]
[quote author=spider-neil link=topic=41783.msg1196983#msg1196983 date=1287134147]
is this now a case of who gets the money to RBS first?
[/quote]

Yes.

The ownership of the club will be decided by a race.
[/quote]

That's bullshit. Mill will have a head start with them being privy as to when the TRO was lifted.
[/quote]

Where is Mill Financial's head office ?

Is it closer to London than Boston ?
[/quote]

I think, there should be handicap of some sort implemented. Hicks must compete in a three legged race.
 
You must log in or register to reply here.

Similar threads

6cmRed
  • Locked
Liverpool Echo Liverpool told to keep their promise to supporters after letter sent to club
Replies
0
Views
256
6cmRed
6cmRed
6cmRed
  • Locked
SkySports LFC Liverpool not for sale amid claims Elon Musk 'interested' in buying club
Replies
0
Views
21
6cmRed
6cmRed
6cmRed
  • Locked
SkySports LFC Liverpool beat Man City to extend lead at top to 11 points
Replies
0
Views
18
6cmRed
6cmRed
6cmRed
  • Locked
SkySports LFC Title race over? Liverpool beat Man City to extend lead at top to 11 points
Replies
0
Views
17
6cmRed
6cmRed
6cmRed
  • Locked
SkySports LFC Slot: We have to be up for last Merseyside derby at Goodison Park
Replies
0
Views
20
6cmRed
6cmRed
Back
Top Bottom