TAKEOVER COMPLETE - H & G Finally Jibbed!

Liverpool Football Club - General Discussion

Postby dundreamin » Mon Oct 11, 2010 10:14 pm

BOO happy birthday you might get a card off tom and Geoff:;): :p
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Postby Reg » Mon Oct 11, 2010 10:16 pm

bunglemark2 wrote:
Reg wrote:Been away the last few days so missed this last bit of action however MB's brief was to find the 'most suitable' buyer for the club - so Lim's bid might be higher but as he didnt come into the frame until 2 weeks ago..... seems he's in it for the publicity like Kenny the Spiv more than as a serious bidder.

Move along, theres nothing to see.

Might not be that clear cut if it is argued he has the resources to pay more than NESV are offering.

The seller who in this case is MB has the right to sell to who he wants, he's not obliged to sell to the highest bidder.

Maybe Lim has no track record in sports club ownership. media business etc.. so does not become teh 'prefered bidder'. Red Sox have a sports track record hence are the prefered bidder. Seems logical.
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Postby bunglemark2 » Mon Oct 11, 2010 10:21 pm

Reg wrote:
bunglemark2 wrote:
Reg wrote:Been away the last few days so missed this last bit of action however MB's brief was to find the 'most suitable' buyer for the club - so Lim's bid might be higher but as he didnt come into the frame until 2 weeks ago..... seems he's in it for the publicity like Kenny the Spiv more than as a serious bidder.

Move along, theres nothing to see.

Might not be that clear cut if it is argued he has the resources to pay more than NESV are offering.

The seller who in this case is MB has the right to sell to who he wants, he's not obliged to sell to the highest bidder.

Maybe Lim has no track record in sports club ownership. media business etc.. so does not become teh 'prefered bidder'. Red Sox have a sports track record hence are the prefered bidder. Seems logical.

Maybe, but the owners could well argue that there is a higher bid on the table and should be accepted. Ultimately that's what they want, and they might well persuade the court that a higher bid should be accepted. I don't know enough about the specifics of what MB is/was allowed to do under the T&C's of his appointment at the time, but a higher bid is a higher bid.
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Postby zarababe » Mon Oct 11, 2010 10:24 pm

NANNY RED wrote:Following on from our earlier release regarding the Court Hearing tomorrow (Tuesday 12th October) we have been informed that the hearing will be opened and then adjourned in a matter of minutes. Therefore Spirit Of Shankly will not be travelling from Liverpool to the Courts in London tomorrow, but will be planning to attend the subsequent hearing. We apologise for any inconvenience caused and we will update members as soon as possible regarding any future date. Those who expressed an interest for tomorrow will be given first priority for any subsequent travel arrangements.

Those who still wish to be in attendance tomorrow, we ask you to again consider the feelings of those who will be attending the 7/7 Inquests also taking place tomorrow.


Spirit Of Shankly

Reason:

Liverpool FC is finally nearing the end of a nightmare that began with a string of broken promises and looks set to end courtesy of a couple of broken undertakings.

By the end of this week Royal Bank of Scotland and the Liverpool board members expect to have been able to prove that not only did co-owner Tom Hicks break the conditions of the near-£300m finance agreement but also that his actions gave them the legal right to sell the club.

The first visit to court is tomorrow, but reliable sources have informed us that this is not the main event. Tomorrow will see the various legal representatives discuss timings and process; none of the club’s board will be in attendance.

Later in the week there will be an announcement of the main hearings; the day – or days – of reckoning for the tired old regime. That is when the board are expected to attend to oversee what they hope is the judgement that allows them to finally break the club’s ties with Hicks and Gillett.

The advice we’ve been given is that supporters making arrangements to turn up at court tomorrow would be better off waiting until later in the week for the main show.

Details will be announced as soon as they are known.

The club would of course never officially condone fans gathering en masse outside the High Court -   but the time to show the strength of support there is for this club – not to mention the amount of opposition there is to Tom Hicks – is later in the week when the show gets underway for real.

That’s when the time, effort and expense will be put to best use. That’s when supporters can show the world what this club means to them.


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Postby red till i die!! » Mon Oct 11, 2010 10:46 pm

NANNY RED wrote:Lim’s interest in English football is reportedly based on the fact he owns several Manchester United themed bars across Asia; 14 of them, to be precise, according to a spokesman, although they are not official United bars.

this guys a right del boy.
he's making a killing ripping people off in the "unofficial man u themed bars" lmfao 
:laugh:  :laugh:  :laugh:.
god i hope this bloke gets nowhere near us.
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Postby red till i die!! » Mon Oct 11, 2010 10:52 pm

so tomorrows hearing will be adjourned in a matter of minutes.a new date will be set and the decision made then?
whats the likelyhood of this dragging on past friday?.
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Postby NANNY RED » Mon Oct 11, 2010 11:45 pm

Just thought id let yous know im not bothering goin tomorrow , im gonna wait until the proper day kicks off ,so i wont be on the telly,
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Postby laza » Tue Oct 12, 2010 12:02 am

For last few days I wake up in morning here in Oz and scan through this thread hoping to see the dawn has finally broken over bloodied but still standing proud Liver bird.

Every day though more twists then a Jeffery Deaver novel (not one of later predictable ones, his early stuff), now pirate Manc landlord of Malacca straits has joined the frenzy.
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Postby NANNY RED » Tue Oct 12, 2010 12:07 am

I feel sick and cant sleep thinking about tomorrow

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Postby Dundalk » Tue Oct 12, 2010 12:08 am

And it will be a while yet before it will be over laza
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Postby lakes10 » Tue Oct 12, 2010 12:16 am

rbs v hicks.

the court is to rule if Hicks has any right to stop the deal from going ahead.

so i take it that i a round about way this is also LFC V Hicks.

if hicks wins they he can block any deal that see him make a loss, he was trying to get this all hels off untill the 23rd, to get a new loan or to get another buyer, well it seem he has another buyer, Hicks will now say to the court that the over bid should not be taken as there is a better bid...one that see him make no loss.

this will now be very hard to the court not to go with Hicks. :angry:
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Postby zarababe » Tue Oct 12, 2010 12:28 am

No - RBS are seeking a ruling on the continutaion of Broughton as Chairman and existing Board.

The LFC element is declartory, on discharging their responsibility for the sale of LFC by finding the best deal for liverpool - not the highest bidder - Broughton and Purslow have been clear, that they wanted sutainability for the club, not necessariy the biggest offer.

Given the broken promises of the Hicks & Co etc, the sustainability element was a clear remit of the chairman, in discharging his responsibility. If as seems to be the case, Hicks had no power to 'sack' the board in the first place- than the current board's decision stands to sell to NEVS. Any woodbe deal scupperers, can not be shoved into the equation that easily, since pre-court docs have been signed with NEVS.
Last edited by zarababe on Tue Oct 12, 2010 12:30 am, edited 1 time in total.
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Postby lakes10 » Tue Oct 12, 2010 12:34 am

zarababe wrote:No - RBS are seeking a ruling on the continutaion of Broughton as Chairman and existing Board.

The LFC element is declartory, on discharging their responsibility for the sale of LFC by finding the best deal for liverpool - not the highest bidder - Broughton and Purslow have been clear, that they wanted sutainability for the club, not necessariy the biggest offer.

Given the broken promises of the Hicks & Co etc, the sustainability element was a clear remit of the chairman, in discharging his responsibility. If as seems to be the case, Hicks had no power to 'sack' the board in the first place- than the current board's decision stands to sell to NEVS. Any woodbe deal scupperers, can not be shoved into the equation that easily, since pre-court docs have been signed with NEVS.

but any pre-court docs will count for nothing if the court rules that Hicks has the power to sack his own board.

"Meanwhile, Royal Bank of Scotland announced on Monday afternoon that it had obtained an injuction to prevent Liverpool owners Tom Hicks and George Gillett from sacking Martin Broughton or any other of the club's board members ahead of Tuesday's court case.
"
Last edited by lakes10 on Tue Oct 12, 2010 12:38 am, edited 1 time in total.
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Postby killerp » Tue Oct 12, 2010 12:52 am

Liverpool's woes shown in a gallery check this out: My Webpage
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Postby NANNY RED » Tue Oct 12, 2010 1:09 am

sITTING HERE BINGE EATING IVE JUST HAD 2 skicesof warburtins toast and now in binging on abig bag of Areo  bubbles an a big glassof ive cold coke ,because me a,rse has gone ive took of one me sleeing tablets , maybe itll syop me bindgin worry buy at least i might get some kip. anoter ares gone in ,,  ill be away with thr fairies in a minute hopefully
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