Liverpool FC Forum

[roberto green]

If Broughton pulls this off I reckon he should be given the freedom of  the city

[Number 9]

The kunts are skwirming in a bowl of shi,te......they are doomed and they know it....it's pathetic,they reckon they can still hold on!

NO YA CAN'T...................GET OUT,SEE YA,GOOD BY, OFF,DO ONE,TRUNDLE ON....and learn a lesson,You can be rich,you can be a success and come from nowhere in your life,be wealthy men....BUT YA CAN'T WITH OUR CLUB!!

The bottom line is we care about LFC more than you care about your dollars......FUC'K OFF!!

[metalhead]

The league need 10 days notice of any board changes with club (Prem rules for all clubs)
Any board changes need to be approved by the chairman (according to terms of refinanance agree with RBS)
The chairman works for Barcap/RBS  but even if they found a way to go against the chairman, the 10 days notice takes them 1 day past when RBS can take the club off them if the debt isn't paid in full.

yaaaa

suck it Hicks!!

[Igor Zidane]

And just to re-cap why hicks can't sack Purslow and Ayre




The Articles of Association tend to disagree with that

The Company Articles for The Liverpool Football Club and Athletic Grounds Limited set out the rules for the removal of directors in clauses 81 and 83.

Clause 83 gives a list of valid reasons for the removal of a director, such as being disqualified by law, mental illness etc, none of which apply is this instance.

Therefore a Director can only be removed in accordance with clause 81, which states "Any appointment or removal shall be made in writing and signed by the then current Chairman"

It would seem then that Hicks and Gillett can't get rid of Purslow and Ayre without Broughtons permission, which given this statement clearly hasn't been given.

http://dl.dropbox.com/u/4746910/LFC%20company%20articles.pdf

[burjennio]

Someone hand the undistinguished gentlemen Hicks and Gillette a tub of vaseline and something to bite down on - they be F*CKED

[Simari]

Thanks Igor, hopefully that will put to rest any fears that some might have about the twit and authority to remove Purslow and Ayre.

[LFC2007]

In case anyone hasn't seen it.

Broughton interviewed by the BBC:

http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/9066856.stm

[neil]

broughton appears to be a very shrewd operator, to give an indepth TV interview about the situation and to disqualify any potential scenario regarding the owners attempt to block the sale would suggest we're actually home and hosed.

[Kukilon]

The only way they may have a small chance is if Hicks brings all the money that RBS wants but he still will have to battle it out in court. They can't sell the club now before it goes into administration.

[Kharhaz]

In case anyone hasn't seen it.

Broughton interviewed by the BBC:

http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/9066856.stm

When he mentioned about the current owners not being able to get any money back he looks like he is desperately holding in a giggle ! 

[Igor Zidane]

http://soccernet.espn.go.com/news/story?id=830461&sec=england&cc=5739


    The trio of controlling members of the Liverpool board have issued legal proceedings against Tom Hicks and George Gillett and are heading to the High Court on Friday to push through the £300 million sale of the club, ESPNsoccernet can reveal.


    GettyImages

    Liverpool's board members are set to meet in the High Court on Friday

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    Chairman Martin Broughton, managing director Christian Purslow and commercial director Ian Ayre have pre-empted any legal action by current co-owners Hicks and Gillett to stop the planned takeover, issuing a 'declaratory judgment' which their solicitors, Slaughter and May, have prepared for a hearing on Friday.

    Hicks and Gillett, whose losses would be an estimated £140 million, are convinced that their legal arguments will halt the proposed sale to the owners of the Boston Red Sox, and an appeal appears certain no matter what the outcome of the initial courtroom battle on Friday.

    The trio are anxious that the whole legal process, and indeed the sale that depends upon it, is completed by the October 15 deadline, when the Royal Bank of Scotland calls in its £237 million loans from Hicks and Gillett and effectively owns the club. The bank would then have to sell the club on, or put Liverpool into administration.

    "We need to go to the court to get a declaratory judgement, which is for the court to declare that we did act validly in completing the sale agreement, and then the buyers can complete the sale," Broughton said.

    Broughton has not ruled out administration, and the club would then plead with the Premier League not to deduct the nine-point penalty.

    "This is not a case of financial doping, by overspending on players, wages or transfers," a source said. "It is not the case that the club is insolvent and still trading. It is the borrowings by the two Americans when they bought the club.

    "But clearly Liverpool does not wish to risk having nine points deducted, so it's imperative that the sale goes through before October 15, but it is signed conditional on the legal issues being resolved."

    The Premier League is planning to rubber stamp the sale on Friday, according to Liverpool sources.

[Benny The Noon]

The really good news about the prospective new owner - his wife is a bit alright

[redbilly]

Been in work all day so missed most of what has been happening, but just watched the interview on bbc Robert Peston and Martin Broughton 
http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/9066856.stm
and feel very positive that this is going to be a big day in our history.
Just wish those 2 tw@ts would just feck off.

[NANNY RED]

Ill tell you what im cautious of course i am what with weve had to put up with , Ill welcome them but it wont be with open arms , they have to do what is right ,ill watch , wait and see , I have just read this piece and i hope this fella  is as sincere with us as he is with his Red Sox, ill be honest here it actualy choked me reading it . The words reminded of what a great man said many years ago WE PLAY FOR YOU .

http://boston.redsox.mlb.com/news...._id=bos

[NANNY RED]

The really good news about the prospective new owner - his wife is a bit alright

I dont like her top