Quote:
Originally Posted by Uncle Peter
2.46pm: From court: G&H QC, Paul Girolami, dismisses Friday's deadline and says that instead the owners and RBS are "locked into an agreement" until 1 November.
Trying to buy time. RBS argument will be that a defined process was followed in order to complete due diligence and the sale of the club before the debt repayment deadline.
...Lord Grabiner is now up to cut through the chaff
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Liverpool's position seems to be that the board can do what they want. H&G say that the agreement had already been violated by the three other board members by excluding them from decision making. If true, this would be a big dent in Liverpool's case.