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Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)
and so another chapter starts in the history of LFC.
The yanks tenure was doomed from the word go with no single person having overall control and a majority not being able to be achieved.
Once they started pulling in different directions it all started going pear shaped. On top of this the world recession had a drastic impact on Hicks and Gillet's fragile business's and funds and consequently us, in terms of the banks tightening trading and attitudes and lack of funding for the stadium.
Hopefully Henry will at least stabalise things and get us on an even footing and start restoring some self respect.
It's also now time for SoS to disband. They were doing what they thought was right, but other than being an irritant to H&G they ultimately had little to do with the result.
I wonder where the four horsemen of the apocalypse flag is now?
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)
1.04am: Judge rules that owners should pay RBS costs.
11.02am: Broughton wants a board meeting by 8pm today to sort out the sale and there is a dispute over whether the owners will be able to communicate via phone. The owners' QC is asking for the meeting to take place at ten o'clock tomorrow. Judge rules that it should be at 8 today.
11.01am: RBS want the owners to cover their court costs. Wonder how much they are?
10.59am: More detail:
The high court today granted injunctions that could open the way for the prompt sale of Liverpool.
The club's owners Tom Hicks and George Gillett asked a judge to delay the hearing of an application by creditors Royal Bank of Scotland for mandatory orders paving the way for a possible sale this week. But the plea was rejected by Mr Justice
At RBS's request, the judge imposed injunctions on the two men requiring them to restore the original constitutions of the companies and managing directors.
This removes the final stumbling block to a £300m takeover by New England Sports Ventures which will see the RBS recoup its original £237m loan to Mr Hicks and Mr Gillett when they bought the club in March 2007.
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)
[quote author=Vlads Quiff link=topic=41783.msg1194038#msg1194038 date=1286964309]
and so another chapter starts in the history of LFC.
The yanks tenure was doomed from the word go with no single person having overall control and a majority not being able to be achieved.
Once they started pulling in different directions it all started going pear shaped. On top of this the world recession had a drastic impact on Hicks and Gillet's fragile business's and funds and consequently us, in terms of the banks tightening trading and attitudes and lack of funding for the stadium.
Hopefully Henry will at least stabalise things and get us on an even footing and start restoring some self respect.
It's also now time for SoS to disband. They were doing what they thought was right, but other than being an irritant to H&G they ultimately had little to do with the result.
I wonder where the four horsemen of the apocalypse flag is now?
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)
[quote author=spider-neil link=topic=41783.msg1194041#msg1194041 date=1286964419]
no 9 point deduction, even roy's haplessness wont send us down!!
[/quote]
could be a bit early to speak on that front neil....
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)
[quote author=Vlads Quiff link=topic=41783.msg1194038#msg1194038 date=1286964309]
and so another chapter starts in the history of LFC.
The yanks tenure was doomed from the word go with no single person having overall control and a majority not being able to be achieved.
Once they started pulling in different directions it all started going pear shaped. On top of this the world recession had a drastic impact on Hicks and Gillet's fragile business's and funds and consequently us, in terms of the banks tightening trading and attitudes and lack of funding for the stadium.
Hopefully Henry will at least stabalise things and get us on an even footing and start restoring some self respect.
It's also now time for SoS to disband. They were doing what they thought was right, but other than being an irritant to H&G they ultimately had little to do with the result.
I wonder where the four horsemen of the apocalypse flag is now?
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)
[quote author=TheBunnyman link=topic=41783.msg1194046#msg1194046 date=1286964567]
What exactly are H&G trying to achieve with all these delaying tactics?
[/quote]
I´ve been trying to figure that out since yesterday too. It didn´t make much sense.
The only thing we really learned is that sports journalists and people on Twitter make absolutely shit legal reporters.
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)
Declaratory judgment is G+H's only hope.
Declaratory judgment: Brought about by NESV as a measure to protect their new investment to ensure that G+H never have another legal claim to Liverpool.
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