Liverpool FC Forum

[lakes10]

Not going to happen - he is damaged goods now - no bank is going to touch him and I think the prem will step in and declare him not fit and proper . I also think GG will be happy to walk away and won't sell to Hicks - Hicks has messed him around as well so why would he sell to him

well he had a meeting with citibank on mondat and 2 meetings with them last week, lets hope they walk away from him now and let him go bust.

[Fauxy]

call me made but this still might not be over, say hick get a hold put on this, he gets a loan from citibank and trys to buy the rest of the club off GG, he then has control of 100% of the club and can sack his own board under law.

Your are 'made'.

[Benny The Noon]

Not going to happen - he is damaged goods now - no bank is going to touch him and I think the prem will step in and declare him not fit and proper . I also think GG will be happy to walk away and won't sell to Hicks - Hicks has messed him around as well so why would he sell to him

well he had a meeting with citibank on mondat and 2 meetings with them last week, lets hope they walk away from him now and let him go bust.

No he didn't - he has been having meetings with law firms .

[mart]

I hope this goes through and the new owners are as good as they sound. I am completely clueless about baseball, but it seems they are a completely different type of owner compared to the two .

[metalhead]

Not going to happen - he is damaged goods now - no bank is going to touch him and I think the prem will step in and declare him not fit and proper . I also think GG will be happy to walk away and won't sell to Hicks - Hicks has messed him around as well so why would he sell to him

well he had a meeting with citibank on mondat and 2 meetings with them last week, lets hope they walk away from him now and let him go bust.

No he didn't - he has been having meetings with law firms .

lawyers from citibank perhaps  

[roberto green]

Didn't know there was a Members of the Liverpool FC Supporters Club of Boston,

anyway heres a link to there news

Boston News

[Benny The Noon]

Broughton also revealed the dramatic details of yesterday afternoon at Anfield when Hicks tried to sack Purslow and Ayre before a crunch board meeting.

He told them they could not do so.

Said Broughton: "This is not straightforward.

"I don't want to tell you about the detail because that will be subject to legal proceedings.

"But in trying to remove Christian Purslow and Ian Ayre they made an astonishing move.

"I say that because as part of my appointment they gave specific undertakings to the Royal Bank of Scotland that said Martin Broughton was the only person authorised to make any board changes.

"Otherwise they would take no action to frustrate any reasonable sale.

"They basically flagrantly abused those two undertakings to RBS and removed Christian and Ian from the board and sent us details just before the board meeting saying they had been removed and appointing two others.

"We took legal advice and I determined that the action was invalid.

"So I went back to Tom Hicks and George Gillett, reconvened the board meeting and said 'Look, your action is invalid'.

"I told them I was continuing to hold the meeting with Christian Purslow and Ian Ayre present.

"They objected, called for an adjournment - which I declined - and offered them the opportunity to take part.

"They chose not to, although George Gillett's lawyer was there.”

Broughton said the club would now be applying for a court judgement over the disputed sale which will tale place in a UK court hearing at a date to be decided.

He said: "The sale is subject to us having valid authority to sell.

"We are applying to court soon for a declaratory judgement to get the court to declare that the action we took was proper and valid.
“No one likes being in court – someone comes out winning and someone comes out losing.

"If there is any justice we will win."

Broughton stressed there are 17 principal investors behind New England Ventures and that the future is by no means dependent on the personal wealth of John Henry Winter.

He also moved to allay fans fears about one set of Americans being now replaced by other US owners at Anfield.

He said: "I can understand why that might be an instant reaction about them being American. But being American is not a problem.

"Leveraged ownership of a football club is the problem.

"I just hope we can deliver what we have set out to do.

"We have found the right owners. There will be money to invest in the squad.

"It is all about winning – that is their philosophy."

[neil]

does anybody know if john hendrys been to llandudno?

[Fauxy]

Broughton has got balls.

Lots of respect for him now.

[lakes10]

Not going to happen - he is damaged goods now - no bank is going to touch him and I think the prem will step in and declare him not fit and proper . I also think GG will be happy to walk away and won't sell to Hicks - Hicks has messed him around as well so why would he sell to him

well he had a meeting with citibank on mondat and 2 meetings with them last week, lets hope they walk away from him now and let him go bust.

No he didn't - he has been having meetings with law firms .

lawyers from citibank perhaps  

same thing in truth mate, when you talk about that much money thats who you talk to.

anyway lets hope this has put them off from doing any deals with him.

wonder were he is getting the money to try and go to court with? wonder if that from citibank?

[zarababe]

Getting the club debt free is the priority . I have a feeling you wont be happy unless its a sugar daddy who is going to throw billions into the club - not many of them around these days and people like abramovich and mansour wont take big losses for long .

Let's see 1 season or 2 season with this John W. Henry .. hope I am wrong about him

You do realise that we turn over around 40 million pound a year in profit every year and will be more after new sponsership deals - that money has been going to pay off debt - imagine when we are debt free what we could do with that money - buy new players and build up to a top squad without having to take risks . Look at their track record - what has got you worried ? Is it because they are multi billionares like Abramovich - would you really want to be like Chelsea or Man City and spend nearly 200 million and pay the players massive wages and have a squad full of players just looking for money ?

But these profits most of it from selling our good players ...

dont talk sheet. where are your sources?

there's no convincing some ay.. anno much faith has been lost, but reputations are on the line here , Broughton is clearly no one's 'mug' - and won't stand for nonsense - the fact that he posted the challenge to the Board's authority from the 'crooks' yesterday is an indigation of how he works.

[lakes10]

battle of hastings on the next page

[metalhead]

"If there is any justice we will win." . Amen Bourghton!!

Lets tw@t these kunts!! send emails to the judge 

[Ciggy]

Broughton also revealed the dramatic details of yesterday afternoon at Anfield when Hicks tried to sack Purslow and Ayre before a crunch board meeting.

He told them they could not do so.

Said Broughton: "This is not straightforward.

"I don't want to tell you about the detail because that will be subject to legal proceedings.

"But in trying to remove Christian Purslow and Ian Ayre they made an astonishing move.

"I say that because as part of my appointment they gave specific undertakings to the Royal Bank of Scotland that said Martin Broughton was the only person authorised to make any board changes.

"Otherwise they would take no action to frustrate any reasonable sale.

"They basically flagrantly abused those two undertakings to RBS and removed Christian and Ian from the board and sent us details just before the board meeting saying they had been removed and appointing two others.

"We took legal advice and I determined that the action was invalid.

"So I went back to Tom Hicks and George Gillett, reconvened the board meeting and said 'Look, your action is invalid'.

"I told them I was continuing to hold the meeting with Christian Purslow and Ian Ayre present.

"They objected, called for an adjournment - which I declined - and offered them the opportunity to take part.

"They chose not to, although George Gillett's lawyer was there.”

Broughton said the club would now be applying for a court judgement over the disputed sale which will tale place in a UK court hearing at a date to be decided.

He said: "The sale is subject to us having valid authority to sell.

"We are applying to court soon for a declaratory judgement to get the court to declare that the action we took was proper and valid.
“No one likes being in court – someone comes out winning and someone comes out losing.

"If there is any justice we will win."

Broughton stressed there are 17 principal investors behind New England Ventures and that the future is by no means dependent on the personal wealth of John Henry Winter.

He also moved to allay fans fears about one set of Americans being now replaced by other US owners at Anfield.

He said: "I can understand why that might be an instant reaction about them being American. But being American is not a problem.

"Leveraged ownership of a football club is the problem.

"I just hope we can deliver what we have set out to do.

"We have found the right owners. There will be money to invest in the squad.

"It is all about winning – that is their philosophy."

Wow I missed this what a horrible pair of sh!tehawks.

[lakes10]

well the word is that Tom Hicks and George Gillett have now haded in papers to a court to stop the deal.