Football Season 2010/2011
12-10-2010, 15:22
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#466
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81-82-83-84
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Re: Football Season 2010/2011
Quote:
Originally Posted by TheDaddy
Hicks and Gillett didn't even bother to attend the board meeting IIRC
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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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12-10-2010, 16:01
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#467
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Remoaner
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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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12-10-2010, 16:51
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#468
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81-82-83-84
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Re: Football Season 2010/2011
Judgement made at 10:30 tomorrow morning. Fair play.
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12-10-2010, 16:53
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#469
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Remoaner
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Re: Football Season 2010/2011
Looks like sale will go though. Unless there is an appeal.
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13-10-2010, 10:46
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#470
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Remoaner
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Re: Football Season 2010/2011
Judge confirms sale can go ahead.
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13-10-2010, 10:56
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#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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13-10-2010, 10:56
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#472
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Re: Football Season 2010/2011
As expected, they will appeal according to Talk Sport.
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13-10-2010, 11:09
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#473
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Re: Football Season 2010/2011
Quote:
Originally Posted by superbiatch
As expected, they will appeal according to Talk Sport.
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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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13-10-2010, 11:13
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#474
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Remoaner
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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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13-10-2010, 11:14
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#475
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Re: Football Season 2010/2011
Quote:
Originally Posted by Uncle Peter
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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Ouch thats gotta hurt, but i reckon they've got brass necks so watch this space
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13-10-2010, 11:26
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#476
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81-82-83-84
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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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13-10-2010, 11:47
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#477
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Remoaner
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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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13-10-2010, 16:06
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#478
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Re: Football Season 2010/2011
I like talksport...
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13-10-2010, 22:11
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#479
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Remoaner
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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".
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Not sure what a Texas court can do. Pretty amusing though!
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13-10-2010, 22:26
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#480
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Re: Football Season 2010/2011
Quote:
Originally Posted by Damien
Not sure what a Texas court can do. Pretty amusing though!
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He's a joke! Just hope the board have the balls to go ahead with the sale
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