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LFC SOLD to NESV.

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

[quote author=localny link=topic=41783.msg1197227#msg1197227 date=1287145152]
[quote author=RMA link=topic=41783.msg1197222#msg1197222 date=1287144855]
Dallas_Observer
Attorneys have gone into judge's chambers. #Liverpool supporters have taken up a row in courtroom:
[/quote]

So they've taken up a Row (as in row, row, row your boat), or they are getting into a fight? ;0
[/quote]

Row of seats mate
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

Henry, Broughton and Purslow just arrived there mate.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=Richey link=topic=41783.msg1197229#msg1197229 date=1287145220]
Just for info. The slaughter and may offices are next to my building.
The press pack outside all just got very excited and crowded round the entrance to the building. Not sure what's happening but something soon i assume!
[/quote]

Get down there and get us more info!
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

The takeover deal was sorted ages ago, this is just Roy's PR machine deflecting attention away from performances on the pitch.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=Sheik Yerbouti link=topic=41783.msg1197233#msg1197233 date=1287145352]
Have a good holiday Sean. Hope everything goes well.
[/quote]

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

[quote author=Sheik Yerbouti link=topic=41783.msg1197233#msg1197233 date=1287145352]
Have a good holiday Sean. Hope everything goes well.
[/quote]

Ta mate. Getting told off of course for still being on the computer seeing as we're leaving soon but pretty much glued to whats going on...
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

KEEP THE FAITH, AN ODE TO THIS SALE

Keep the faith was heard from Broughton’s calm voice,
Judge Floyd came up trumps, it was time to rejoice,
Hicks was found guilty of frustrating the sale,
The tweets and the updates arrived without fail,

Christian Purslow the snake, he did us proud,
A Home Team win, he exclaimed out loud,
Ian Ayre was silent, yet he kept his class,
Broughton our Gandalf, thou shalt not pass

Hick was not finished, he had tricks up his sleeve,
He had dirty tactics that we could not believe,
His team entered the court, one last throw of the dice,
Grabiner stood firm, it was men against mice,

Was Hicks dead and buried, Grabiner had licence to kill,
Day two was down, we we’re up two nil,
A TRO arrived from Texas, yet it smelt of corruption,
Our men acted fast to try remove this disruption,

Hicks brought it on himself, he has no one to blame,
Yet his delaying tactic forced us to play the waiting game,
Not for long, as the court will soon be in session,
To rid the doom and gloom of this unwanted depression,

Out with the old and in with the new,
We await our saviours who come to the rescue,
John Henry, our Knight with his sox so red,
With his nerdy glasses and a hat on his head,

6CM had it all, laughs, moans and fears,
Spiderneil’s questions had us in tears,
The question machine, yep, that’s our Spide,
He couldn’t have asked more questions, even if he tried,

We had whoosh’s and tantrums, twist and turns,
Some zingers, some facepalms and some hilarious burns,
Oncy bossed day two, lets give him his dues,
Our resident legal team even offered their expert views

Gene was on fire, he was our Lebron,
MVP all star, always on song,
Brendan kept quiet and didn’t rear his head,
The Return of Ryan sure we’ll take that instead,

It’s all about to end, I can see the bright light,
But Hicks won’t roll over with out one last fight,
Well “blow me fuckface” we say with disdain,
Come 5pm ,will 6CM pop the champagne?
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

This is nice:

thisisanfield:
As Mill Financial own half of Gillett's share, they stand to lose millions if LFC is sold to NESV today, too.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

RyanBabel Good training session today .. The team looked sharp and good ..

RyanBabel RT @kevlar_29: @RyanBabel they don't get it do they• I guess not ..


RyanBabel Sorry for those who ask me questions about " what's going on at the club" " what do u think about the trial " .. I can't answer ..

RyanBabel RT @louderthantom: @RyanBabel have the players been told to keep quiet about the trial? • Yes ur a smart guy ..
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

logging off now,lads...short trip to London...

Wll be back on tonight..

This Mills business is all bullshit.

They can't buy his shares since theyre being held y RBS.

As to whether they can lend him the money to pay off RBS, this is another legal point to settle in court
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=RMA link=topic=41783.msg1197225#msg1197225 date=1287144950]
.02pm: David Conn has some more on Mill Financial:

Mill Financial are an arm of the Springfield Financial Companies. That has been confirmed. In recent weeks, there have been reports that they lent George Gillett £75m to meet his further loan commitments at Liverpool, and that he defaulted on that loan, so they have in effect repossessed his shares. That has not been confirmed by Mill, who so far do not return calls. Gillett has not returned a call for some weeks now.

If those reports are true, that means if Liverpool is sold to NESV for the agreed £300m, to repay all Liverpool's debts owed to the banks (except for £30m to finance stadium development), it is Mill Financial which will lose that £75m, along with Hicks losing his around £70m.

That means a US hedge fund, based, like Hicks, in southern USA - Springfield, Virginia - have a £75m loss to protect. That helps to explain why they should now be apparently working desperately with Hicks to avoid a sale to NESV.
If they lend Hicks the £200m to repay RBS, the scenario being discussed at the moment by the participants, and Hicks does so, he could stay in control of Liverpool, because RBS is repaid and their hold over the board via the undertakings falls away. Hicks would owe Mill £200m, at whatever rate of interest he has had to agree to. The "payment in kind" loans from the US hedge funds at Manchester United currently charge 16.25% interest, a year, so that would be £32.5m a year interest, and there would likely be very large costs to add to it - financial institutions like to charge for the right to lend their money.

There seems little doubt that Hicks would make Liverpool itself, out of its income - fans' money, TV, commercial revenues - pay that interest and harges and service the debt, as he and Gillett did with the RBS loans. That is a major financial reason why Liverpool fans will be desperate the Mill/Hicks eleventh hour bid does not succeed.

NESV, have committed, to clearing the £300m of debt, and not loading the club with any more debt, or making the club in any way pay any of the costs associated with buying it.
NESV are saying very firmly they will sue because they have a binding agreement with the board to buy the club - as Henry has reiterated on Twitter.

Martin Broughton has arrived at Slaughter & May's London offices, reports Caroline Davies, our on-the-doorstep reporter. Broughton said: "Hopeful a deal can be done."
Chris Purslow added he was "confident we can do a deal
[/quote]

Read this on the Guardian a few mins ago. The worst case scenario is making me feel physically sick!
Please let this be over!
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

announcement by board imminent according to 5 live

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

[quote author=Fox link=topic=41783.msg1197244#msg1197244 date=1287145977]
announcement by board imminent according to 5 live

Surely this is it
[/quote]

Time to pray!

I haven't been this nervous with Liverpool since watching Liverpool go to penalties against Chelsea in 2007!
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

Statement imminent according to 5 live
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

#herr onceared://has taken temporary injunction out against Squiggles posting in the football forum untill court upheld sale of club agreed. Im hearing@13.38bst
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

ILD: I think you could have mixed up the AABB rhyme scheme, and perhaps shifted from having an iambic foot into a trochaic foot now and again, otherwise it is all a bit samey. Iambic heptameter is a bit of a stale poetic medium too don't you think?
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

Contracts "set to be exchanged."

Solicitors for LFC & NESV are present and Slaughter & May.

Announcement expected sometime soon.


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

[quote author=Herr Onceared link=topic=41783.msg1197250#msg1197250 date=1287146280]
#herr onceared://has taken temporary injunction out against Squiggles posting in the football forum untill court upheld sale of club agreed. Im hearing@13.38bst

[/quote]

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

[quote author=doctor_mac link=topic=41783.msg1197252#msg1197252 date=1287146305]
ILD: I think you could have mixed up the AABB rhyme scheme, and perhaps shifted from having an iambic foot into a trochaic foot now and again, otherwise it is all a bit samey. Iambic heptameter is a bit of a stale poetic medium too don't you think?
[/quote]

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

Jordan beating up hicks attorney over hc case.
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=GOD_23 link=topic=41783.msg1197255#msg1197255 date=1287146372]
[quote author=doctor_mac link=topic=41783.msg1197252#msg1197252 date=1287146305]
ILD: I think you could have mixed up the AABB rhyme scheme, and perhaps shifted from having an iambic foot into a trochaic foot now and again, otherwise it is all a bit samey. Iambic heptameter is a bit of a stale poetic medium too don't you think?
[/quote]

ha ha....HARSH
[/quote]

Easier to criticize than to create
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=Herr Onceared link=topic=41783.msg1197250#msg1197250 date=1287146280]
#herr onceared://has taken temporary injunction out against Squiggles posting in the football forum untill court upheld sale of club agreed. Im hearing@13.38bst

[/quote]

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

[quote author=doctor_mac link=topic=41783.msg1197252#msg1197252 date=1287146305]
ILD: I think you could have mixed up the AABB rhyme scheme, and perhaps shifted from having an iambic foot into a trochaic foot now and again, otherwise it is all a bit samey. Iambic heptameter is a bit of a stale poetic medium too don't you think?
[/quote]

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

[quote author=doctor_mac link=topic=41783.msg1197252#msg1197252 date=1287146305]
ILD: I think you could have mixed up the AABB rhyme scheme, and perhaps shifted from having an iambic foot into a trochaic foot now and again, otherwise it is all a bit samey. Iambic heptameter is a bit of a stale poetic medium too don't you think?
[/quote]

Haha, Perhaps Dmac.

My apologies for using a stale poetic medium.

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

from dallas courts hicks suing - knows he's lost it
 
Re: LFC not yet sold to NESV (but we're getting there, maybe...)

[quote author=Pesam link=topic=41783.msg1197259#msg1197259 date=1287146436]
[quote author=doctor_mac link=topic=41783.msg1197252#msg1197252 date=1287146305]
ILD: I think you could have mixed up the AABB rhyme scheme, and perhaps shifted from having an iambic foot into a trochaic foot now and again, otherwise it is all a bit samey. Iambic heptameter is a bit of a stale poetic medium too don't you think?
[/quote]

Well, Duhhhh!
[/quote]

Go way Pesam, you don't know your iambic foot from your iambic elbow.
 
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