Dippers takeover blocked

[psut1]

http://news.bbc.co.uk/sport1/hi/footbal ... 080946.stm

A Texas court has granted a temporary restraining order stopping the sale of Liverpool Football Club, owners Tom Hicks and George Gillett have claimed.

It comes hours after the American pair saw their challenge against the club's sale thrown out by the High Court.

Hicks and Gillett issued a statement as the Liverpool board met to ratify the sale to New England Sports Ventures.

The American duo described the proposed £300m sale as "an epic swindle" and are seeking more than £1bn in damages.

Hicks claims the injunction prevents Liverpool executing the sale of the club to NESV, with a hearing date of 25 October set.

The legal action in Texas - signed by Judge Jim Jordan of the 160th District Court in Dallas - is "part of a lawsuit filed against Royal Bank of Scotland (RBS), Martin Broughton, Christian Purslow, Ian Ayre, NESV and Philip Nash" read a statement.

"The lawsuit also seeks temporary and permanent injunctions, and damages totalling approximately $1.6 billion (more than £1 billion)."

[globalbollox]

Here it is
http://www.scribd.com/doc/39284612/Liverpool-TRO

Also posted in original thread

[simon12]

http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/9080946.stm

A Texas court has granted a temporary restraining order stopping the sale of Liverpool Football Club, owners Tom Hicks and George Gillett have claimed.

It comes hours after the American pair saw their challenge against the club's sale thrown out by the High Court.

Hicks and Gillett issued a statement as the Liverpool board met to ratify the sale to New England Sports Ventures.

The American duo described the proposed £300m sale as "an epic swindle" and are seeking more than £1bn in damages.

Hicks claims the injunction prevents Liverpool executing the sale of the club to NESV, with a hearing date of 25 October set.

The legal action in Texas - signed by Judge Jim Jordan of the 160th District Court in Dallas - is "part of a lawsuit filed against Royal Bank of Scotland (RBS), Martin Broughton, Christian Purslow, Ian Ayre, NESV and Philip Nash" read a statement.

"The lawsuit also seeks temporary and permanent injunctions, and damages totalling approximately $1.6 billion (more than £1 billion)."

Where`s liverpool again?

[psut1]

http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/9080946.stm

A Texas court has granted a temporary restraining order stopping the sale of Liverpool Football Club, owners Tom Hicks and George Gillett have claimed.

It comes hours after the American pair saw their challenge against the club's sale thrown out by the High Court.

Hicks and Gillett issued a statement as the Liverpool board met to ratify the sale to New England Sports Ventures.

The American duo described the proposed £300m sale as "an epic swindle" and are seeking more than £1bn in damages.

Hicks claims the injunction prevents Liverpool executing the sale of the club to NESV, with a hearing date of 25 October set.

The legal action in Texas - signed by Judge Jim Jordan of the 160th District Court in Dallas - is "part of a lawsuit filed against Royal Bank of Scotland (RBS), Martin Broughton, Christian Purslow, Ian Ayre, NESV and Philip Nash" read a statement.

"The lawsuit also seeks temporary and permanent injunctions, and damages totalling approximately $1.6 billion (more than £1 billion)."

Where`s liverpool again?

owned by an American holding company registered in Dallas Texas

[simon12]

http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/9080946.stm

A Texas court has granted a temporary restraining order stopping the sale of Liverpool Football Club, owners Tom Hicks and George Gillett have claimed.

It comes hours after the American pair saw their challenge against the club's sale thrown out by the High Court.

Hicks and Gillett issued a statement as the Liverpool board met to ratify the sale to New England Sports Ventures.

The American duo described the proposed £300m sale as "an epic swindle" and are seeking more than £1bn in damages.

Hicks claims the injunction prevents Liverpool executing the sale of the club to NESV, with a hearing date of 25 October set.

The legal action in Texas - signed by Judge Jim Jordan of the 160th District Court in Dallas - is "part of a lawsuit filed against Royal Bank of Scotland (RBS), Martin Broughton, Christian Purslow, Ian Ayre, NESV and Philip Nash" read a statement.

"The lawsuit also seeks temporary and permanent injunctions, and damages totalling approximately $1.6 billion (more than £1 billion)."

Where`s liverpool again?

owned by an American holding company registered in Dallas Texas

Which can be put into administration here?

[bluej]

http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/9080946.stm

A Texas court has granted a temporary restraining order stopping the sale of Liverpool Football Club, owners Tom Hicks and George Gillett have claimed.

It comes hours after the American pair saw their challenge against the club's sale thrown out by the High Court.

Hicks and Gillett issued a statement as the Liverpool board met to ratify the sale to New England Sports Ventures.

The American duo described the proposed £300m sale as "an epic swindle" and are seeking more than £1bn in damages.

Hicks claims the injunction prevents Liverpool executing the sale of the club to NESV, with a hearing date of 25 October set.

The legal action in Texas - signed by Judge Jim Jordan of the 160th District Court in Dallas - is "part of a lawsuit filed against Royal Bank of Scotland (RBS), Martin Broughton, Christian Purslow, Ian Ayre, NESV and Philip Nash" read a statement.

"The lawsuit also seeks temporary and permanent injunctions, and damages totalling approximately $1.6 billion (more than £1 billion)."

Where`s liverpool again?

owned by an American holding company registered in Dallas Texas

Which can be put into administration here?

AFAIK, if your holding company gets put into administration (wherever its based) then the Premier League class that as the football club being in administration. Don't quote me on that though.

[carl_feedthegoat]

Good.

Suffer - you bin dipping, fucking thieving, state handout begging bunch of inbreds.

I couldnt give a flying fuck about them.......and they can also stick that you will never walk alone song up their arses.

[Socrates]

Doesn't matter where Liverpool is, the company buying them is a US company so can be restrained, also RBS has significant assets there which are in reach of the courts.

It's only a temporary injunction until a hearing on the 25th but if the Hillbillies have evidence of their allegations that the Chairman hasn't attempted to get the best price for all creditors, including the shareholders, and even more specifically, their allegation that RBS instructed him that they would only a sanction a sale that didn't give any return at all to shareholders then there is a huge can of worms opened that could run for some time.

[Green & Blue]

[Ted Hughes]

Doesn't matter where Liverpool is, the company buying them is a US company so can be restrained, also RBS has significant assets there which are in reach of the courts.

It's only a temporary injunction until a hearing on the 25th but if the Hillbillies have evidence of their allegations that the Chairman hasn't attempted to get the best price for all creditors, including the shareholders, and even more specifically, their allegation that RBS instructed him that they would only a sanction a sale that didn't give any return at all to shareholders then there is a huge can of worms opened that could run for some time.

Strange affair but I hope the 'can of worms' gets well & truly opened. I wonder if RBS will still put them into administration now though, seeing as they themselves are on the end of this lawsuit? Complicated. All good though. I echo Carl's sentiments regarding that shower.

[john@staustell]

Good.

Suffer - you bin dipping, fucking thieving, state handout begging bunch of inbreds.

I couldnt give a flying fuck about them.......and they can also stick that you will never walk alone song up their arses.

Agreed.

Wonder how many of them know the song was from 'Carousel' and not written by Gerry Marsden? Mind you it was the scene where mis-led thief Billy Biggelow had just managed to stab himself to death trying to escape from the plods. Appropriate really.

[Burt]

So does this mean that they will now definately get the 9 point deduction does anybody know?

[Beeks]

Judge Jim Jordan(Texas Judge) has had to close his facebook page due to death threats from the scousers...poor bugger...not his fault!

I mean talk about thick...who threatens the life of a judge from their own facebook account!?

Not the brightest tools in the box these scouse1 fans...

[Mike J]

hahaha

[Goaters 103]

then there is a huge can of worms opened that could run for some time.

Ohhh, I do hope so! Let it run on for a while, and it will be another chapter Liverpool can add to that famed "we've got history" mantra they come out with.

[Beeks]

Unbelievable twist now...apparently 'Mill Financial' an American consortium backed by unknown foreign interests have bought all of Gillet's shares after already aquiring Hicks

Rumour has it the mysterious benefactor is Kenny Huang hahahaha

You couldn't make it up!

http://www.liverpoolecho.co.uk/liverpoo ... -27471097/

[Ted Hughes]

Unbelievable twist now...apparently 'Mill Financial' an American consortium backed by unknown foreign interests have bought all of Gillet's shares after already aquiring Hicks

Rumour has it the mysterious benefactor is Kenny Huang hahahaha

You couldn't make it up!

http://www.liverpoolecho.co.uk/liverpoo ... -27471097/

'It is being claimed the American based Hedge Fund has acquired all of Tom Hicks' shares to go along with those of George Gillett, which it already owned.'

Smirk...

[Niall Quinns Discopants]

Doesn't matter where Liverpool is, the company buying them is a US company so can be restrained, also RBS has significant assets there which are in reach of the courts.

It's only a temporary injunction until a hearing on the 25th but if the Hillbillies have evidence of their allegations that the Chairman hasn't attempted to get the best price for all creditors, including the shareholders, and even more specifically, their allegation that RBS instructed him that they would only a sanction a sale that didn't give any return at all to shareholders then there is a huge can of worms opened that could run for some time.

BUT, if the club is /ends up in administration, wouldn't the administrators be able to sell the company? Or am I wrong here mate?

[Niall Quinns Discopants]

Unbelievable twist now...apparently 'Mill Financial' an American consortium backed by unknown foreign interests have bought all of Gillet's shares after already aquiring Hicks

Rumour has it the mysterious benefactor is Kenny Huang hahahaha

You couldn't make it up!

http://www.liverpoolecho.co.uk/liverpoo ... -27471097/

Bizarre to say the least. We are deep in the corporate law here and it's not exactly my speciality but didn't Premier League prohibit these "consortium own umbrella company who own investment company registered in Cayman Islands who own three companies concentrating on sports who each have shares to company that buys the football club" deals? Any which way sounds dodgy as fuck. And that Kenny Huang feller is nothing but pretender among the billionaires who own top football clubs.

[Ted Hughes]

Unbelievable twist now...apparently 'Mill Financial' an American consortium backed by unknown foreign interests have bought all of Gillet's shares after already aquiring Hicks

Rumour has it the mysterious benefactor is Kenny Huang hahahaha

You couldn't make it up!

http://www.liverpoolecho.co.uk/liverpoo ... -27471097/

Bizarre to say the least. We are deep in the corporate law here and it's not exactly my speciality but didn't Premier League prohibit these "consortium own umbrella company who own investment company registered in Cayman Islands who own three companies concentrating on sports who each have shares to company that buys the football club" deals? Any which way sounds dodgy as fuck. And that Kenny Huang feller is nothing but pretender among the billionaires who own top football clubs.

It's so complicated that I wonder if the RBS can justify giving them an extension on their deadline or whether the correct course of action from their shareholders point of view is to call in the money right now & deal with the rest later if the club/owners can't pay? After all, the financial obligation will be clear, so whoever owns the club isn't the concern for RBS, it's just getting their money back that matters to their shareholders, not what becomes of Liverpool. The shit could really hit the fan for Liverpool here.