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LFC SOLD to NESV.

Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

[quote author=Terrier link=topic=41783.msg1194073#msg1194073 date=1286965015]
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.


The ball's basically in NESV's court now.


[/quote]

that basically means the club will be sold and then the declaratory judgment will mean G&H can't exploit any loopholes at a later stage. the sale is a done deal.
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

[quote author=Sunny link=topic=41783.msg1194076#msg1194076 date=1286965070]
AS, may I add, have the Liverpool board. All of them
[/quote]

Except H & G, obv. 😉
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

[quote author=Portly link=topic=41783.msg1194081#msg1194081 date=1286965219]
[quote author=Sunny link=topic=41783.msg1194076#msg1194076 date=1286965070]
AS, may I add, have the Liverpool board. All of them
[/quote]

Except H & G, obv. 😉
[/quote]

I meant the home team 😀
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

John_W_Henry John W. Henry
Well done Martin, Christian & Ian. Well done RBS. Well done supporters!
55 seconds ago Favorite Retweet Reply
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

[quote author=Terrier link=topic=41783.msg1194084#msg1194084 date=1286965274]
The lawyers were apparently on 3000 quid an hour.


not bad eh?
[/quote]

Well, bad for Tom and George. Hahahahahahahaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

[quote author=Terrier link=topic=41783.msg1194084#msg1194084 date=1286965274]
The lawyers were apparently on 3000 quid an hour.


not bad eh?
[/quote]

Fucking bargain
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

11.11am: Judge tells Hicks and Gillett it would be "inappropriate" to appeal. But that route does still remain open, although it is unclear what it could achieve with a board meeting by 8pm tonight.
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

[quote author=spider-neil link=topic=41783.msg1194080#msg1194080 date=1286965210]
[quote author=Terrier link=topic=41783.msg1194073#msg1194073 date=1286965015]
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.


The ball's basically in NESV's court now.


[/quote]

that basically means the club will be sold and then the declaratory judgment will mean G&H can't exploit any loopholes at a later stage. the sale is a done deal.
[/quote]

You've really got the hang of this now Spidey 🙂
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

Tom Hicks, the co-owner of Liverpool FC, says he expects to lose "a couple of hundred million" dollars on the sale of the Texas Rangers MLB franchise, but expects to make the money back on the sale of the English club.

oh dear, tom. oh DEAR.
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

11.11am: Judge tells Hicks and Gillett it would be "inappropriate" to appeal. But that route does still remain open, although it is unclear what it could achieve with a board meeting by 8pm tonight.

Sachin says that the Liverpool/RBS barristers are now being cheered by the crowd outside.
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

[quote author=Sunny link=topic=41783.msg1194076#msg1194076 date=1286965070]
It is indeed Lord G and who's arsed if he's a Red or not ? He's done his job and done us proud 😀


AS, may I add, have the Liverpool board. All of them
[/quote]

I do not mind if he is not a Red but his action and his demeanour would have meant so much more if he is a Red.

Well done all! Cheers. Uncork bubbly!
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

[quote author=spider-neil link=topic=41783.msg1194080#msg1194080 date=1286965210]
[quote author=Terrier link=topic=41783.msg1194073#msg1194073 date=1286965015]
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.


The ball's basically in NESV's court now.


[/quote]

that basically means the club will be sold and then the declaratory judgment will mean G&H can't exploit any loopholes at a later stage. the sale is a done deal.
[/quote]

I don't think NESV will proceed with that, although they still might.

I think the next step will be the suit seeking declaratory judgment by Broughton, Ayres and Purslow and resolution of the counter-claim by Hicks.

However, their primary weapon (ie the prevention of the sale to NESV) has been blunted, so their solicitors (Hicks and Gillette) may well advise them to withdraw the case.
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

Oh fucking hell.

Broughton and co were trying to speak to the press - and a bunch of Yobs started singing and then swearing in the background.
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

What an operation this has been. Between them Broughton, our lawyers and RBS have played a blinder. Onwards and upwards.
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

[quote author=Sunny link=topic=41783.msg1194094#msg1194094 date=1286965406]
11.11am: Judge tells Hicks and Gillett it would be "inappropriate" to appeal. But that route does still remain open, although it is unclear what it could achieve with a board meeting by 8pm tonight.

Sachin says that the Liverpool/RBS barristers are now being cheered by the crowd outside.
[/quote]

I thought leave to appeal was refused?

WHich is odd since that application should ideally be made to the Appellate Court.
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

LIM might be back in!


Brougton said the board will meet again tonight.


NESV hasn't necessarily bought us!


WTF
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

11.11am: Judge tells Hicks and Gillett it would be "inappropriate" to appeal. But that route does still remain open, although it is unclear what it could achieve with a board meeting by 8pm tonight.

Sachin says that the Liverpool/RBS barristers are now being cheered by the crowd outside.

11.07am: We will be fleshing out more detail of the court ruling over the next few hours. The judge seems to be allowing a breakneck speed to the sale process, which is what RBS and the board wanted. Will H&G appeal? Have they time to? Even if they do, can it halt the sale? Will NESV wish to proceed if new litigation is hanging? Lots of questions, hopefully some answers in the coming hours....

11.05am: The board also want court costs paid by H&G.

11.04am: 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.


also...



11.22am: Mr Justice Floyd has declined to grant an appeal. The judge said it would be inappropriate in the circumstances for him to grant leave. He said that if Hicks and Gillett are determined to appeal, they would have to apply to the appeal court for permission.
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

[quote author=Niall K link=topic=41783.msg1194096#msg1194096 date=1286965433]
This is a bit embarrassing now. Let them speak
[/quote]

Game over G&H, now get gone!

The High Court has ruled in favour of the Royal Bank of Scotland in the case regarding Liverpool Football Club’s future. Tom Hicks and George Gillett have lost.

The massive decision means a sale of the club to New England Sports Ventures can now go through – however an appeal from Hicks and Gillett could still yet happen.

The court deemed that Hicks could not sack Managing Director Christian Purslow and Commercial Director Ian Ayre from the club’s board, and so the decision to agree the £300million sale to NESV stands.

Hicks and Gillett have been refused the right to appeal, so the deal to sell the club could go through in the next couple of days.
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

[quote author=Terrier link=topic=41783.msg1194102#msg1194102 date=1286965554]
LIM might be back in!


Brougton said the board will meet again tonight.


NESV hasn't necessarily bought us!


WTF
[/quote]

We've signed a deal with NESV in principle. Surely all the criteria have been met now?
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

[quote author=Avmenon link=topic=41783.msg1194097#msg1194097 date=1286965433]
[quote author=spider-neil link=topic=41783.msg1194080#msg1194080 date=1286965210]
[quote author=Terrier link=topic=41783.msg1194073#msg1194073 date=1286965015]
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.


The ball's basically in NESV's court now.


[/quote]

that basically means the club will be sold and then the declaratory judgment will mean G&H can't exploit any loopholes at a later stage. the sale is a done deal.
[/quote]

I don't think NESV will proceed with that, although they still might.

I think the next step will be the suit seeking declaratory judgment by Broughton, Ayres and Purslow and resolution of the counter-claim by Hicks.

However, their primary weapon (ie the prevention of the sale to NESV) has been blunted, so their solicitors (Hicks and Gillette) may well advise them to withdraw the case.
[/quote]

they should waive right of appeal to save what little dignity they have and get out of dodge.
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

[quote author=Fabio link=topic=41783.msg1194105#msg1194105 date=1286965635]
[quote author=Terrier link=topic=41783.msg1194102#msg1194102 date=1286965554]
LIM might be back in!


Brougton said the board will meet again tonight.


NESV hasn't necessarily bought us!


WTF
[/quote]

We've signed a deal with NESV in principle. Surely all the criteria have been met now?
[/quote]

absolutely. the club was SOLD, and then G&H sacked members of the board.
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

11.22am: Mr Justice Floyd has declined to grant an appeal. The judge said it would be inappropriate in the circumstances for him to grant leave. He said that if Hicks and Gillett are determined to appeal, they would have to apply to the appeal court for permission.
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

[quote author=Sunny link=topic=41783.msg1194108#msg1194108 date=1286965725]
11.22am: Mr Justice Floyd has declined to grant an appeal. The judge said it would be inappropriate in the circumstances for him to grant leave. He said that if Hicks and Gillett are determined to appeal, they would have to apply to the appeal court for permission.
[/quote]

Damn it.

Was worried about that.

It's very unlikely that the Court of Appeal would grant leave though.
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

Seems like they're going to review the bids again!!


Holy shit, this is like a never ending saga.


When asked if NESV had bought us, no answer was given.

I believe Lim's offer is still going to be considered judging by the language.

Bid for 360m.
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

Interviewer: "Will you sell to NESV tonight?"
Purslow: "No Idea"


what?
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

If it hasn't already been said, can I just say to G&H 'Blow me Fuckface' and 'Don't mess with Scousers (and our friends)'
 
Re: LFC Sold to NESV (RBS WIN COURT RULING - CONFIRMED)

Apart from the judge getting up in court whipping out his wrinkly ol fella and demanding that HnG "blow me fuckfaces!" i cant see how any of this could have come out better.... superb stuff...

well pleased. Well done Broughton and Purslow and Ayre and indeed our lawyers.... well fucking done...

Good fucking riddance of them pair, good fucking riddance.

I hope they go bust.
 
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?

regards


[/quote]

They want quite the opposite. They want to be heard from the off by the new owners.
 
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