Liverpool FC Forum

[NANNY RED]

Fu.ck of off yous with the old and the walking stick.

GUESS WERE IM GOING IN THE MORNIN

[Reg]

Fu.ck of off yous with the old and the walking stick.

GUESS WERE IM GOING IN THE MORNIN

AA ? 

[NANNY RED]

just read this on another forum . very intersesting read and makes perfect sence of why the fat bast.ard is going to court ,



Just had a chat with a mate of mine who's a corporate barrister, he's had a look through the detail and reckons that Hicks doesn't have a leg to stand on with the attempt to stop the sale going through but in his view it is his next move that could be the interesting one.

Basically Hicks will lose the case next week and as has been suggested we will be owned by NESV by Friday of next week but Hicks is fully aware of this and his next move is the one he has been likely planning all along.

He most likely will attempt to sue the existing board and possibly the club for undervaluing the club and selling for way below what he believes will be the true value of he club thus causing him to incur the loss of the £140m that he and Gillett put up in guarantees against the loans and are supposedly owed by the club to Kop Cayman. This is the reason Hicks is having to make such a song and a dance about it now and has to go to court with it as it will help him build up his case for later.

So while a week tomorrow we will almost certainly be rid of the , it may not be the last we will hear of them.

[Thommo's perm]

Fu.ck of off yous with the old and the walking stick.

GUESS WERE IM GOING IN THE MORNIN

The Brook?
http://www.brook.org.uk/

[supersub]

just read this on another forum . very intersesting read and makes perfect sence of why the fat bast.ard is going to court ,



Just had a chat with a mate of mine who's a corporate barrister, he's had a look through the detail and reckons that Hicks doesn't have a leg to stand on with the attempt to stop the sale going through but in his view it is his next move that could be the interesting one.

Basically Hicks will lose the case next week and as has been suggested we will be owned by NESV by Friday of next week but Hicks is fully aware of this and his next move is the one he has been likely planning all along.

He most likely will attempt to sue the existing board and possibly the club for undervaluing the club and selling for way below what he believes will be the true value of he club thus causing him to incur the loss of the £140m that he and Gillett put up in guarantees against the loans and are supposedly owed by the club to Kop Cayman. This is the reason Hicks is having to make such a song and a dance about it now and has to go to court with it as it will help him build up his case for later.

So while a week tomorrow we will almost certainly be rid of the , it may not be the last we will hear of them.

I'm sure Hicks will be trying every dirty trick in the book before this saga is finally over

[Ciggy]

I'm sure Hicks will be trying every dirty trick in the book before this saga is finally over

RBS, Wachovia, Purslow & Broughton will have proof of all the bids they have turned down already including the DIC 500 million Hicks refused flat out to accept.
They did not agree on anything and veto'd each other all the time.  This will all be there in the court for the judge read in a big fat glossy folder.

If Hicks is saying 300 million is not enough, the judge will turn around and say well 500 million wasnt enough for you either was it? You fat greedy b@stard.

Even if he loses the club next week its the last we will have heard of him.  He said two months ago what he lost on the Rangers he aims to get back selling us, theres noway he is walking away 140 million out of profit, this fat turd wont be flushed that easy.

Would love us to sue him and his cronies for siphoning the stadium money off us.

What is also important to remember here Bob Diamond Barclays owner pushed for the NESV to buy the club and will have advised Broughton on everything they will also be 100% sure they can win the case.  Also NESV have probably bought the debt from RBS already and Hicks & Gillett/Mill Finance will have to deal with them from the 15th of October.

Broughton also said yesterday we have a few other things up our sleeve that wont be discussed right now.

[mighty mo]

I'm sure Hicks will be trying every dirty trick in the book before this saga is finally over

RBS, Wachovia, Purslow & Broughton will have proof of all the bids they have turned down already including the DIC 500 million Hicks refused flat out to accept.
They did not agree on anything and veto'd each other all the time.  This will all be there in the court for the judge read in a big fat glossy folder.

If Hicks is saying 300 million is not enough, the judge will turn around and say well 500 million wasnt enough for you either was it? You fat greedy b@stard.

Even if he loses the club next week its the last we will have heard of him.  He said two months ago what he lost on the Rangers he aims to get back selling us, theres noway he is walking away 140 million out of profit, this fat turd wont be flushed that easy.

Would love us to sue him and his cronies for siphoning the stadium money off us.

What is also important to remember here Bob Diamond Barclays owner pushed for the NESV to buy the club and will have advised Broughton on everything they will also be 100% sure they can win the case.  Also NESV have probably bought the debt from RBS already and Hicks & Gillett/Mill Finance will have to deal with them from the 15th of October.

Broughton also said yesterday we have a few other things up our sleeve that wont be discussed right now.

bob diamond the ex head of Barcap and  new barclays CEO is a chelsea fan besides being a red sox fan....... he was on the front of the daily mirror last month when he was comfirmed as the new CEO of barclays..pretty interesting article......... if its true that bob diamond got NESV to buy us it shows the influence of broughton and his contacts  and reputation in the city.

[bunglemark2]

Fu.ck of off yous with the old and the walking stick.

GUESS WERE IM GOING IN THE MORNIN

AA ? 

[bunglemark2]

just read this on another forum . very intersesting read and makes perfect sence of why the fat bast.ard is going to court ,



Just had a chat with a mate of mine who's a corporate barrister, he's had a look through the detail and reckons that Hicks doesn't have a leg to stand on with the attempt to stop the sale going through but in his view it is his next move that could be the interesting one.

Basically Hicks will lose the case next week and as has been suggested we will be owned by NESV by Friday of next week but Hicks is fully aware of this and his next move is the one he has been likely planning all along.

He most likely will attempt to sue the existing board and possibly the club for undervaluing the club and selling for way below what he believes will be the true value of he club thus causing him to incur the loss of the £140m that he and Gillett put up in guarantees against the loans and are supposedly owed by the club to Kop Cayman. This is the reason Hicks is having to make such a song and a dance about it now and has to go to court with it as it will help him build up his case for later.

So while a week tomorrow we will almost certainly be rid of the , it may not be the last we will hear of them.

That would not surprise me in the least. The question then is "how much IS the club worth ?". Hard one to answer, but based on what offers are/were out there (allegedly !), it might be realistic enough. It's a bit like your car insurance - you might value it at 20K but when it comes to replacing it in the event of a write-off. you'll only get the market value.

[Reg]

He most likely will attempt to sue the existing board and possibly the club for undervaluing the club and selling for way below what he believes will be the true value of he club thus causing him to incur the loss of the £140m that he and Gillett put up in guarantees against the loans and are supposedly owed by the club to Kop Cayman. This is the reason Hicks is having to make such a song and a dance about it now and has to go to court with it as it will help him build up his case for later.

This is fascinating, its turning into a real game of chess. Sadly, its going to become very expensive and I fear both sides will dump their legal costs onto the club P&L.

Hicks will focus on added value and income, Broughton will focus on the amount of investment needed to get us back to the top.

Would love to there in the court as these two slug it out.

[NANNY RED]

He most likely will attempt to sue the existing board and possibly the club for undervaluing the club and selling for way below what he believes will be the true value of he club thus causing him to incur the loss of the £140m that he and Gillett put up in guarantees against the loans and are supposedly owed by the club to Kop Cayman. This is the reason Hicks is having to make such a song and a dance about it now and has to go to court with it as it will help him build up his case for later.

This is fascinating, its turning into a real game of chess. Sadly, its going to become very expensive and I fear both sides will dump their legal costs onto the club P&L.

Hicks will focus on added value and income, Broughton will focus on the amount of investment needed to get us back to the top.

Would love to there in the court as these two slug it out.

Ill guarentee you Reg that Kiradi is involved somewhere in his dodgy dealing with this an all , he was a front putting in a bid,and how many more of his mates have put in false bids , the fu.cking snake in the grass ,

[Roger Red Hat]

have ya noticed how much better we're all getting along since this news has happened?

I haven't told a single person to fuk right off at all in the last 2 days either.

we seem...  happier.

[NANNY RED]

Well i wont be on me own ill have to find out when it deffo is

Liverpool Echo - News - Liverpool Local News -

Red army set to flock to London for LFC's High Court D-day

A RED army is set to flock to London for what is being billed as the most important days in Liverpool FC history.

D-Day is expected next week when hundreds of supporters will descend on the High Court for the club’s critical ownership battle.

Liverpool are currently preparing a heavyweight legal case with solicitors Slaughter and May as they seek a declaratory judgement to formally seal the £300m Reds sale to New England Sports Ventures (NESV), owners of the Boston Red Sox baseball team.

If Tom Hicks and George Gillett decide to attend the Royal Courts of Justice in person to oppose the move, the Americans have been promised a warm reception.

Liverpool fan groups said many of them were planning to line the streets of the Strand in the capital.

Today, James McKenna, spokesman for Spirit of Shankly, said there had already been interest among supporters in heading to London.

He told the ECHO: "People have started talking about heading down to London, particularly if Hicks and Gillett will be there. I do know supporters have been discussing making their presence known.

"There’s only one door in and one door out of the court, so it’s a good opportunity to make our feelings known."

Further scrutiny of New England Sports Ventures reveals they have made assurances no money will ever be taken from Liverpool FC and used to invest in the sports investment company back in Boston.

And executives have vowed to slash the club’s crippling £25m annual interest repayments - triggered by Hicks and Gillett’s huge leveraged stake at Anfield - to just £2m a year.

That would free up a significant sum of £23m each year to invest in the playing squad or stadium, the ECHO believes.

The exact day when the Reds’ future will be played out by top barristers in the courts as yet remains unknown.

But with the Royal Bank of Scotland deadline fast approaching, when the owners must pay back their £237m debt, the matter will almost certainly be listed before next Friday.

It is thought no formal approach has yet been made to list the case with the High Court.

Her Majesty’s Courts Service said emergency matters, such as this, could be given a slot within days.

Stephen Horner, member of Reds pressure group Kop Faithful, said: "We want a speedy conclusion which will mean the debt is cleared and we can move on with a new stadium.

"Fans are very keen this deal with New England is pushed over the line. If (LFC chairman) Martin Broughton is pushing forward, clearly we have carried out due diligence and this is right for the club. If protesting outside the courts is something we feel we need to do, then we will do it. Everyone wants a resolution sooner rather than later."

Liverpool are certain the ownership dispute will be resolved, either way, by a week on Friday and the prospect of the legal battle rumbling on for weeks or even months, as predicted by some finance experts, is a scenario given little credence at Anfield.

Nigel Boardman, from Slaughter and May, is thought to be leading Liverpool’s legal team, a man named by The Times in their 100 most influential people in business.

And in an eye opening turn of events yesterday, the London-based branch of a New-York law firm pointedly removed themselves from any association from co-owner Tom Hicks.

After legal press reports named Weil, Gotshal & Manges as representing the Texan at next week’s court hearing, top employees were bombarded with emails from angry Reds.

Hours later, after being contacted by the ECHO, they issued a statement which said: "We are not acting for the owners of Liverpool FC in relation to the dispute with LFC. In addition, in our role advising the owners, we have never acted, and would never act, adverse to Liverpool FC."

After a frenetic 24 hours on Wednesday, with both Liverpool FC and Tom Hicks issuing statements and counter-statements, yesterday was a period of relative calm, publicly at least.

The Texan refused to expand on his position, curtly outlined in a statement late on Wednesday, when he called Martin Broughton’s move to sanction the NESV sale as unlawful.

Today, it also emerged how Boston Red Sox owner hedge fund manager John Henry and NESV chairman Tom Werner, two of 17 stakeholders in the sports investment company, had been on the verge of coming to Liverpool on Wednesday, under the assumption their deal to take over the Reds was complete.

But the trip, after negotiations with Martin Broughton in London were cordially agreed, was cancelled after Hicks and Gillett’s dramatic boardroom intervention which flung Liverpool’s future into a legal minefield.

The purchase of the club has been formally approved and papers signed, despite the pending court battle.

If the English board members are successful, a few minor formalities will be completed to give them the keys to Anfield, a stadium which has already been visited by the Americans.

[ste123lfc]

I can't help wondering which part of "F*ck off you lying, cheating, manipulating tw@t" does Hicks not understand. You think he would of learnt by now.

[Ciggy]

He most likely will attempt to sue the existing board and possibly the club for undervaluing the club and selling for way below what he believes will be the true value of he club thus causing him to incur the loss of the £140m that he and Gillett put up in guarantees against the loans and are supposedly owed by the club to Kop Cayman. This is the reason Hicks is having to make such a song and a dance about it now and has to go to court with it as it will help him build up his case for later.

This is fascinating, its turning into a real game of chess. Sadly, its going to become very expensive and I fear both sides will dump their legal costs onto the club P&L.

Hicks will focus on added value and income, Broughton will focus on the amount of investment needed to get us back to the top.

Would love to there in the court as these two slug it out.

Ill guarentee you Reg that Kiradi is involved somewhere in his dodgy dealing with this an all , he was a front putting in a bid,and how many more of his mates have put in false bids , the fu.cking snake in the grass ,

Someones saying on RAWK Cancer & Aids want to bring the case to an American Courtroom.

The case can be held in the States because Kop Football Holdings the parent company was registered in Delaware before it was registered here.

Would this be aloud to happen? Its sounds crazy.