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-   -   Football Season 2010/2011 (https://www.cableforum.uk/board/showthread.php?t=33667905)

Uncle Peter 12-10-2010 15:22
Re: Football Season 2010/2011
 
Quote:
Originally Posted by TheDaddy (Post 35107981)
Hicks and Gillett didn't even bother to attend the board meeting IIRC
That's the basis of one of their arguments, that the meeting to ratify the sale went ahead anyway. Tom Hicks claims that it was within his rights to replace two of the board members with individuals who would oppose the sale to NESV (which his consel has already admiited that he wasn't).

Damien 12-10-2010 16:01
Re: Football Season 2010/2011
 
From BBC twitter:
http://twitter.com/#!/danroan
Quote:
seems lfc have until nov 1 to do deal with nesv - if rbs decide not to put club into admin'ion - judge says resolution this week "ambitious"

Uncle Peter 12-10-2010 16:51
Re: Football Season 2010/2011
 
Judgement made at 10:30 tomorrow morning. Fair play.

Damien 12-10-2010 16:53
Re: Football Season 2010/2011
 
Looks like sale will go though. Unless there is an appeal.

Damien 13-10-2010 10:46
Re: Football Season 2010/2011
 
Judge confirms sale can go ahead.

Uncle Peter 13-10-2010 10:56
Re: Football Season 2010/2011
 
I hope this is the first step for football getting it's house in order. Lord Grabiner QC and Snowden QC played a blinder

superbiatch 13-10-2010 10:56
Re: Football Season 2010/2011
 
As expected, they will appeal according to Talk Sport.

Uncle Peter 13-10-2010 11:09
Re: Football Season 2010/2011
 
Quote:
Originally Posted by superbiatch (Post 35108297)
As expected, they will appeal according to Talk Sport.
shhhh don't tell anyone you're listening to that of your own choice ;)

Board meeting at 8pm to resolve the details of the sale and RBS are now claiming costs. Wonder if the snakes will still want to appeal.


...and the judge rules that they are liable for costs of the board and RBS, ouch!

Damien 13-10-2010 11:13
Re: Football Season 2010/2011
 
Wonder if they might also be able to sue for damages as they won't get the £150 million they loaned to the club in order to buy players.

superbiatch 13-10-2010 11:14
Re: Football Season 2010/2011
 
Quote:
Originally Posted by Uncle Peter (Post 35108304)
shhhh don't tell anyone you're listening to that of your own choice ;)

Board meeting at 8pm to resolve the details of the sale and RBS are now claiming costs. Wonder if the snakes will still want to appeal.


...and the judge rules that they are liable for costs of the board and RBS, ouch!
Ouch thats gotta hurt, but i reckon they've got brass necks so watch this space ;)

Uncle Peter 13-10-2010 11:26
Re: Football Season 2010/2011
 
Seems that an appeal is unlikely and judge ruled it would have to be heard in the court of appeals, not the high court.

Damien 13-10-2010 11:47
Re: Football Season 2010/2011
 
I imagine the sale will go though but the owners can claim for damages, they are going to lose out on a lot of money they owned to the club to buy players. It's seem unlikely this can simply be dismissed....

colin25 13-10-2010 16:06
Re: Football Season 2010/2011
 
I like talksport...:D

Damien 13-10-2010 22:11
Re: Football Season 2010/2011
 
http://www.guardian.co.uk/football/b...t-verdict-live

Quote:
10.06pm: The big question that everyone is asking right now is precisely what jurisdiction does this Texas court have over the sale of the club?


10pm: Further to this story about a Texas court issuing an injunction on the sale of the club, Owen Gibson writes that Hicks and Gillett are claiming £1.6bn in damages.


9.58pm: Are Hicks and Gillett making life difficult? Are they ever. News reaches us that a Texas court has issued a restraining order on the sale of the club, calling it an "epic swindle".
Not sure what a Texas court can do. Pretty amusing though!

superbiatch 13-10-2010 22:26
Re: Football Season 2010/2011
 
Quote:
Originally Posted by Damien (Post 35108604)
Not sure what a Texas court can do. Pretty amusing though!
He's a joke! Just hope the board have the balls to go ahead with the sale :rolleyes:


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