Manchester City Forums

just fucking loving this, even more hilarity

Liverpool co-owners Tom Hicks and George Gillett have removed the restraining order preventing the club's sale to New England Sports Ventures.

However, the move is not designed to help NESV seal their £300m deal, but to aid Hicks in his attempts to sell his stake to US hedge fund Mill Financial.

The club is hoping to tie up a deal with NESV on Friday, but Hicks believes he can still scupper their plans.

Mill could then pay off the £237m debt owed to Royal Bank of Scotland (RBS).

NESV's deal was being held up by the restraining order, which was issued by a court in Texas. The court was set to resume its hearing at 1300 BST on Friday, but that now appears unlikely.

DAVID BOND'S BLOG
Should Hicks succeed, an already complicated story will become even more bewildering

BBC sports editor David Bond
BBC Sport understands the overnight adjournment in proceedings in the US was to enable Hicks to have more time in his attempt to strike a deal with Mill Financial.

BBC Sports editor David Bond said: "The restraining order prevents any other buyer - such as Mill - from paying off the £237m loan to Royal Bank of Scotland, due on Friday, because it binds RBS as well as the board of Liverpool and its parent companies based in the UK. "

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'Fabio, the round thing there is the ball'

Aguero

So let me get this right.
Hicks has lifted the order restraining liverpool from selling To the baseball chap so that he hicks can sell his shares to Mill whom he already owns so that they can buy lIVERPOOL WHOM THEy MUST ALREADY TECHNICALLY OWN IF THEY OWN hICKS AND GILLETTS SHARES ( Stupid buttons sorry) and not to someone else who is clearly the lesser of 2 evils.

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The Senior Member

correct

i think

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'Fabio, the round thing there is the ball'

Aguero

Its better than Brookside this, although that’s not difficult !

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Venga City, Venga city !

I bet as soon as the deal is done that there's a fire that burns Anfield down.

and a couple of americans found under the Patio!

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Venga City, Venga city !

Are they fucked yet or not?

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"It felt like a really pointless version of ketamine: no psychedelic effects, no pleasant slide into rubbery nonsense, just a sudden drop off the cliff of wrongness."
"i'm gonna wreck you so bad we're going to have to change church"

I've not followed this at all and am a bit confused.

Kicks off again in 15 mins so i'm just gonna keep refreshing RAWK hope they get fucked over.

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Keep Calm and follow Jesus Navas

SSN: Alan Myers has heard (can't confirm 100%) that H&G have sold shares to Mill Financial. #LFC

From Jim Boardman

They do NOT like that

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Keep Calm and follow Jesus Navas

Announcement due very soon. Seems NESV will be the new Owners.

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Keep Calm and follow Jesus Navas

Hicks seems resigned to losing but threats revenge.

pkelso

Hicks statement: will pursue $1.6bn in damages following 'proposed illegal sale". suggest will hinder club for years

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Keep Calm and follow Jesus Navas

not according to the beeb

the sports editor has made a good point, the debt to rbs has to be paid by hicks and gillette, no one else

if they sell to the mill then there has to be a transfer of shares that needs to be voted on, which h&g will no doubt lose. However, Hicks can still sell his shares to whoever he likes - which sure as hell won't be NESV

so, if nesv doesn't own the club by three, then rbs may well put the club into administration just to get rid of hicks

or the case will rumble on in court

either way, the team will be fucked and put into administration

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'Fabio, the round thing there is the ball'

Aguero

*rubs hands and hopes...*

JimBoardman Hearing NESV sale is done, Mill failed in their attempts. #LFC

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Keep Calm and follow Jesus Navas

shit

let's hope hicks sues them for the next ten years

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'Fabio, the round thing there is the ball'

Aguero

you don't actually think this, do you? I love laughing at liverpool as much as the next bloke but seeing them fucked by a pair of greedy yanks is shit and terrible for football.

sorry?

an opportunity to see the dippers crash and burn?

fucking too right

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'Fabio, the round thing there is the ball'

Aguero

I will not be posting this afternoon as i have decided to go into business.
I will form a holding company to buy my house from me for 4p.
This company will then raise money from a share issue to re-mortgage with the halifax for 3 times the actual value of the house.
As i am the director of this company i will then take 95% of that money in fees and expenses. When the Halifax come asking for their money i will pay £10 on account whilst i try to sell the house.
As i do not actually own the house, it belonging to the company I will then sue the Halifax for not letting me sell it.
Quids in all round and if it comes off I will buy Bassman a drink cos none of you others will.

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The Senior Member

You do realise how close we were to the abyss before ADUG bought us, right?

And I bet the scoucers cried themselves to sleep about it every night. I'm with Timps, fuck em.