• 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.

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

Looks like Lim and Meriton are the same person/bid. I was wong.

God knows what Mills Financial are doing there? Making the sandwiches for the judge, or directing the traffic cops for Heather?

1.10pm: Over lunch we will try to analyse what has been argued this morning. And clear up who is actually bidding for Liverpool Football Club.

Contrary to earlier impressions, it would seem that Meriton and Mill Financial are not the same bidder. It is believed that Peter Lim and Meriton are, in fact, the same bidder. I have amended earlier copy to reflect this.

Mill Financial are understood to still be involved, but it is unclear in what capacity.
 
Re: LFC Sold to NESV (New England Sports Ventures)

LFC case about to resume after lunch - we're about to find out if it'll be settled today or goes to trial later this week or next
 
Re: LFC Sold to NESV (New England Sports Ventures)

One thing this court issue and Lim being flushed out by Hicks has seemingly Polarised everyone's views on Henry

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

1.45pm: I've just had a quick chat with Owen Gibson, grabbing some lunch down at court, he says the essence of the court case this morning:

RBS: it is an open and shut case, that Broughton is empowered to make the decision. H&G were wrong to try to sack the board members.

Hicks and Gillett: there are three rival offers on the table - NESV, Meriton (Lim) and Mill Financial - and the board should compare these rival offers. A decision should not be rushed because all these offers should be considered.

you mean you should take more than 3 days to do due dilligence, tom?
 
Re: LFC Sold to NESV (New England Sports Ventures)

Sky reporting that Hicks lawyer is on top and winning. Jeezees they really dislike us don't they.

As for the court case, I can't believe we have become a club that now is on a live newsfeed on the Guardian from a court case about a possible sale/takeover.

It's just unreal.
 
Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=IanTheRed link=topic=41783.msg1193246#msg1193246 date=1286888040]
Looks like Lim and Meriton are the same person/bid. I was wong.

God knows what Mills Financial are doing there? Making the sandwiches for the judge, or directing the traffic cops for Heather?

1.10pm: Over lunch we will try to analyse what has been argued this morning. And clear up who is actually bidding for Liverpool Football Club.

Contrary to earlier impressions, it would seem that Meriton and Mill Financial are not the same bidder. It is believed that Peter Lim and Meriton are, in fact, the same bidder. I have amended earlier copy to reflect this.

Mill Financial are understood to still be involved, but it is unclear in what capacity.
[/quote]

Mill took over some of Gillet's debt/holding, I thought it was all , but that does not seem to be the case

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

[quote author=Vlads Quiff link=topic=41783.msg1193248#msg1193248 date=1286888165]
One thing this court issue and Lim being flushed out by Hicks has seemingly Polarised everyone's views on Henry

regards
[/quote]

I still think he's The Hooded Claw.
 
Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Hansern link=topic=41783.msg1193250#msg1193250 date=1286888197]
Sky reporting that Hicks lawyer is on top and winning. Jeezees they really dislike us don't they.

As for the court case, I can't believe we have become a club that now is on a live newsfeed on the Guardian from a court case about a possible sale/takeover.

It's just unreal.
[/quote]

Don't mistake needing to be sensationalist for hate

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

[quote author=crump link=topic=41783.msg1193253#msg1193253 date=1286888329]
[quote author=Vlads Quiff link=topic=41783.msg1193248#msg1193248 date=1286888165]
One thing this court issue and Lim being flushed out by Hicks has seemingly Polarised everyone's views on Henry

regards
[/quote]

I still think he's The Hooded Claw.
[/quote]

I'll get you, penelope pitstop...

H-ELP!!
 
Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Vlads Quiff link=topic=41783.msg1193255#msg1193255 date=1286888385]
[quote author=Hansern link=topic=41783.msg1193250#msg1193250 date=1286888197]
Sky reporting that Hicks lawyer is on top and winning. Jeezees they really dislike us don't they.

As for the court case, I can't believe we have become a club that now is on a live newsfeed on the Guardian from a court case about a possible sale/takeover.

It's just unreal.
[/quote]

Don't mistake needing to be sensationalist for hate

regards
[/quote]

However, you have to ask won't the twat reporting Hicks is on top look like an idiot if the court rules against H&G?

I'd say it is the reporter's genuine take on things, ill-informed or not.
 
Re: LFC Sold to NESV (New England Sports Ventures)

1.57pm: Paul Girolami QC, who is representing H&G, said his clients "were not trying to throw a spanner in the works" of the proposed sale deal. He argued there had been other offers for the club which potentially were better than the one from NESV. Opposing an immediate injunction, he said all the issues involved needed more time to determine and "should not be rushed into".

Girolami's conclusion: "What has happened is that the English directors have gone forward with the NESV bid without properly considering alternatives when those alternatives at least appear to give better prospects."

1.55pm: Email from Gerald Krasner, Partner at insolvency specialist Begbies Traynor and former Chairman of Leeds United FC (before selling to Ken Bates in 2005), offering his thoughts on Liverpool:


This is uncharted territory as Liverpool is a big club constituted in such an opaque way that it's going to be very hard to unravel. At the moment the situation is precariously poised with everyone looking round the table waiting for someone to blink. However, the devil is in the detail on this one as far as ownership is concerned and, with armies of lawyers on both sides, I think there is still a little way to go before Liverpool fans can concentrate on their team's struggles on the pitch rather than off it.
 
Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=spider-neil link=topic=41783.msg1193256#msg1193256 date=1286888424]
[quote author=crump link=topic=41783.msg1193253#msg1193253 date=1286888329]
[quote author=Vlads Quiff link=topic=41783.msg1193248#msg1193248 date=1286888165]
One thing this court issue and Lim being flushed out by Hicks has seemingly Polarised everyone's views on Henry

regards
[/quote]

I still think he's The Hooded Claw.
[/quote]

I'll get you, penelope pitstop...

H-ELP!!
[/quote]
John-W-Henry-Red-Sox-Liverpool-Owner_2512136.jpg


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

Naw, he can feign disbelief at an"shocking decision" & then claim the inevitable appeal backs up his original prognosis.
 
Re: LFC Sold to NESV (New England Sports Ventures)

Come on our team, let's step it up and pull it out the bag !
 
Re: LFC Sold to NESV (New England Sports Ventures)

Some quotes from RBS QC, Richard Snowden:

that the American owners now admitted "a calculated breach of contract" by seeking to change the constitution of the companies and the boards involved without the consent of the bank.

He said this was in order "to frustrate the sale necessary to repay the bank £200 million by this Friday".

The bank secured an injunction on Friday to prevent the Americans sacking independent chairman Martin Broughton or any other board members.

Timely

Mr Snowden said Hicks filed evidence that if RBS did not like what he was doing, then it could enforce its security rights.

"This would derail the carefully planned process designed to achieve a sale of the club in a timely manner."

He said that plan would not carry the risk of Liverpool losing the nine points deducted by the Premier League when a team goes into administration.

The judge was asked to impose injunctions on the owners requiring them to restore the original constitutions of the companies and managing directors.

This would remove the final stumbling block to a £300 million takeover by NESV, who own the Boston Red Sox and are fronted by John W Henry, which will see the RBS recoup its original £237million loan to Mr Hicks and Mr Gillett when they bought the club in March 2007.

Mr Snowden said evidence filed to the court showed "breathtaking arrogance on the part of Mr Hicks and Mr Gillett".
 
Re: LFC Sold to NESV (New England Sports Ventures)

Apparantly Mill only put in offer on Thursday, AFTER the NESV bid already accepted, hence why not considered.

Ehhhh, that should put that arguement to bed no??
 
Re: LFC Sold to NESV (New England Sports Ventures)

@tariqpanja
tariq panja
Hicks lawyer: RBS and #LFC trying to 'short-circuit' legal process by rushing thru judgment and plan board meeting tonight to ratify NESV
 
Re: LFC Sold to NESV (New England Sports Ventures)

Keep the faith, message to the fans from MB on his way into the court room after the lunch break
 
Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Hansern link=topic=41783.msg1193264#msg1193264 date=1286888817]
Apparantly Mill only put in offer on Thursday, AFTER the NESV bid already accepted, hence why not considered.

Ehhhh, that should put that arguement to bed no??
[/quote]

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

[quote author=Hansern link=topic=41783.msg1193264#msg1193264 date=1286888817]
Apparantly Mill only put in offer on Thursday, AFTER the NESV bid already accepted, hence why not considered.

Ehhhh, that should put that arguement to bed no??
[/quote]

What a coincidence! What a fucking pair of crooks.
 
Re: LFC Sold to NESV (New England Sports Ventures)

paul_tomkins
RT @SiClancy: Board meeting called for this evening at Anfield apparently
 
Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Hansern link=topic=41783.msg1193266#msg1193266 date=1286888904]
Keep the faith, message to the fans from MB on his way into the court room after the lunch break
[/quote]

He has said that quite a few times in the interviews etc.
 
Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Asim link=topic=41783.msg1193270#msg1193270 date=1286889005]
[quote author=Hansern link=topic=41783.msg1193266#msg1193266 date=1286888904]
Keep the faith, message to the fans from MB on his way into the court room after the lunch break
[/quote]

He has said that quite a few times in the interviews etc.
[/quote]

Bon Jovi fan?
 
Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Wilko link=topic=41783.msg1193268#msg1193268 date=1286888942]
[quote author=Hansern link=topic=41783.msg1193264#msg1193264 date=1286888817]
Apparantly Mill only put in offer on Thursday, AFTER the NESV bid already accepted, hence why not considered.

Ehhhh, that should put that arguement to bed no??
[/quote]

What a coincidence! What a fucking pair of crooks.
[/quote]

If I stood to lose 60-70m I´d try some shit like that too.
 
Re: LFC Sold to NESV (New England Sports Ventures)

paul_tomkins

RT @SiClancy: Board meeting called for this evening at Anfield apparently




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

[quote author=spider-neil link=topic=41783.msg1193273#msg1193273 date=1286889047]
paul_tomkins

RT @SiClancy: Board meeting called for this evening at Anfield apparently




roy sacked?
[/quote]

stu beat ya to it

although the roy sacked bit is yours x
 
Re: LFC Sold to NESV (New England Sports Ventures)

I'd assume no matter which way the decision goes they need a meeting about it
 
Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=FoxForceFive link=topic=41783.msg1193278#msg1193278 date=1286889159]
I'd assume no matter which way the decision goes they need a meeting about it
[/quote]

True enuff.
 
Back
Top Bottom