Scousers uncertain future

[Arcadian]

You shouldn`t be so sensitive Baa Baa. Anyway, what is your take on the Singaporean billionaire who is also interested in Liverpool, bearing in mind he owns several Man U themed bars in the Far East.

[BaaBaa.]

An attempted spanner in the works IMO, a bit like the syrian Kirdi fella.

I suppose he'd only have to change the name of his bars and put an extra few European cups up though.

[redzonerocker]

it's all a bit messy

it's all a bit ridiculous & farcical too when you consider that the bank involved & calling the shots (RBS) were one of the main recipients of the government bailouts
how the hell can they dictate to anyone how to sort out finances

[caller]

Caller made a topic on the subject and it's lastest 7 pages.

Quite prophetic really - that was back in June!

[BaaBaa.]

Liverpool's legal team looked pleased coming out of court so hopefully it'll be good news in the morning.

[BaaBaa.]

JUDGE RULES MANDATORY INJUNCTION WANTED BY RBS AGAINST OWNERS IS GRANTED: SALE CAN GO AHEAD

[BaaBaa.]

10.43am: Judge rules against H&G, which means NESV deal can proceed.

10.49am: Mr Justice Floyd: "The owners do not have an absolute right to veto a sale."

10.50am: The injunction means the board is reconstituted with Purslow and Ayre back in place and Broughton allowed to see through the sale, reports Sachin Nakrani

10.54am: Judge throws out attempt by owners to have interim injunction put on board.

10.59am: 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.

11.01am: RBS want the owners to cover their court costs. Wonder how much they are?

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.

11.04am: Judge rules that owners should pay RBS costs.

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

[caller]

Well, good luck to the scousers - I'm a fans fan, so lets hope it all turns out well for them - even if they are a bunch of arrogant scouse gits (Warren Mitchell/Alf Garnet)!

[BaaBaa.]

Well, good luck to the scousers - I'm a fans fan, so lets hope it all turns out well for them - even if they are a bunch of arrogant scouse gits (Warren Mitchell/Alf Garnet)!

It looks like it's happening as I type, this John W Henry fella has flown in and turned up at Slaughter & Mays office in London for a meeting with the Liverpool board.

[PeteC]

The deal about the Singaporean has me scratching my head though. It seems he offered the better deal, and debt free i.e., no funds from borrowing. We may never find out the reasons why he was rejected but I bet there's a bit of dirt. Pete

[BaaBaa.]

The deal about the Singaporean has me scratching my head though. It seems he offered the better deal, and debt free i.e., no funds from borrowing. We may never find out the reasons why he was rejected but I bet there's a bit of dirt. Pete

It was all about the best deal for the club, J W Henry has experience in sports, sports deals and sports stadiums, the Singaporean has a few Man Utd bars in Singapore.

[Big Boy]

Like caller, I hope it all works out for the best. English football needs Liverpool FC.

[redzonerocker]

Like caller, I hope it all works out for the best. English football needs Liverpool FC.

don't you mean liverpool red sox?

[BaaBaa.]

Like caller, I hope it all works out for the best. English football needs Liverpool FC.

I nearly shed a tear! Cheers lads!

It'll be nice getting back to talking about the actual football instead of worrying about financial and boardroom matters.

I'm looking forward to being able to buy my little lad a kit for christmas too!

Now.........................next out......................Hodgson! Please get a proper Manager in, I dread to think what'll happen if he's allowed to spend the new owners transfer funds, we'll be bidding for Kevin Davies and Robbie Savage.

[BaaBaa.]

Official statement

Following the successful conclusion of High Court proceedings today, the Boards of Directors of Kop Football and Kop Holdings met tonight and resolved to complete the sale of Liverpool FC to New England Sports Ventures.

Regretably, Thomas Hicks and George Gillett have tonight obtained a Temporary Restraining Order from a Texas District Court against the independent directors, Royal Bank of Scotland PLC and NESV to prevent the transaction being completed.

The independent directors consider the restraining order to be unwarranted and damaging and will move as swiftly as possible to seek to have it removed.

A further statement will be made in due course.

http://www.liverpoolfc.tv/news/latest-n ... tatement-5

Give it up and F off.