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Football Season 2010/2011
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Old 12-10-2010, 15:22   #466
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Re: Football Season 2010/2011

Quote:
Originally Posted by TheDaddy View Post
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).
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Old 12-10-2010, 16:01   #467
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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"
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Old 12-10-2010, 16:51   #468
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Re: Football Season 2010/2011

Judgement made at 10:30 tomorrow morning. Fair play.
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Old 12-10-2010, 16:53   #469
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Re: Football Season 2010/2011

Looks like sale will go though. Unless there is an appeal.
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Old 13-10-2010, 10:46   #470
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Re: Football Season 2010/2011

Judge confirms sale can go ahead.
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Old 13-10-2010, 10:56   #471
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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
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Old 13-10-2010, 10:56   #472
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Re: Football Season 2010/2011

As expected, they will appeal according to Talk Sport.
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Old 13-10-2010, 11:09   #473
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Re: Football Season 2010/2011

Quote:
Originally Posted by superbiatch View Post
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!
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Old 13-10-2010, 11:13   #474
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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.
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Old 13-10-2010, 11:14   #475
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Re: Football Season 2010/2011

Quote:
Originally Posted by Uncle Peter View Post
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
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Old 13-10-2010, 11:26   #476
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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.
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Old 13-10-2010, 11:47   #477
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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....
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Old 13-10-2010, 16:06   #478
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Re: Football Season 2010/2011

I like talksport...
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Old 13-10-2010, 22:11   #479
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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!
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Old 13-10-2010, 22:26   #480
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Re: Football Season 2010/2011

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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
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