TAKEOVER COMPLETE - H & G Finally Jibbed!

Liverpool Football Club - General Discussion

Postby Steve Crooks » Thu Oct 14, 2010 12:44 pm

Benny The Noon wrote:At present the mill situation is just pure rumour that is flyiing round with no confirmation at all - as stated they havent been mentioned in the petition they filed in the US and Hicks cannot sell his shares without a vote on the board .

Exactly that! It is all speculation and rumour.. That Peston fella is just having a good old wind up.
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Postby Ciggy » Thu Oct 14, 2010 12:47 pm

Is right judge Floyd send the kunts down mate.

Ben Smith - Times

Just been told Hicks & Gillett could be held in contempt of court when the #lfc case returns to High Court today
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REST IN PEACE PHIL, YOU WILL NEVER BE FORGOTTEN.
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Postby Roger Red Hat » Thu Oct 14, 2010 12:50 pm

right so the court hearing at 2pm is to get the injunction lifted - then we can sell to Jonny Red Sox ? cool. lets do it.
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Postby metalhead » Thu Oct 14, 2010 12:50 pm

Ciggy wrote:Is right judge Floyd send the kunts down mate.

Ben Smith - Times

Just been told Hicks & Gillett could be held in contempt of court when the #lfc case returns to High Court today

the judge must be fuming with how the tw@ts are playing, should sentence them for capital punishment
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Postby dawson99 » Thu Oct 14, 2010 12:50 pm

this is all bollox, ive got a hangover as well, as we all have no doubt... lets kick these f*ckers out once and for all
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Postby Benny The Noon » Thu Oct 14, 2010 12:50 pm

The law ruled in our favour - everything that has been confirmed is in our favour - hicks is digging himself further into a hole and is fighting like a cornered rat . As soon as this pathetic court petition gets swatted away the deal will go through .
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Postby Anfield rapper » Thu Oct 14, 2010 12:51 pm

Ciggy wrote:Is right judge Floyd send the kunts down mate.

Ben Smith - Times

Just been told Hicks & Gillett could be held in contempt of court when the #lfc case returns to High Court today

By god i hope thats true and i hope that horrible cut can never step foot in the UK again for fear of going to prison. In fact lets get them to extradite his fat f**king :censored: over here and stick him in a cell with the strongest homo in the clink.
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Postby Well Red » Thu Oct 14, 2010 12:51 pm

yes but if Mill the hedge fund DO buy G & H out, and then pay off the £200million debt to RBS, then they own us ..... :censored:
THERE WILL BE LIFE AFTER TORRES:

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Postby Benny The Noon » Thu Oct 14, 2010 12:55 pm

Well Red wrote:yes but if Mill the hedge fund DO buy G & H out, and then pay off the £200million debt to RBS, then they own us ..... :censored:

It will be too late for them too . They currently don't own the stake and Hicks can't sell his shares unless it is vetoed by the board .
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Postby metalhead » Thu Oct 14, 2010 12:55 pm

Well Red wrote:yes but if Mill the hedge fund DO buy G & H out, and then pay off the £200million debt to RBS, then they own us ..... :censored:

they can't buy H+G, legally, Hicks owes RBS, they have to go through RBS and the chairman first
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Postby Ben Patrick » Thu Oct 14, 2010 12:57 pm

metalhead wrote:
Well Red wrote:yes but if Mill the hedge fund DO buy G & H out, and then pay off the £200million debt to RBS, then they own us ..... :censored:

they can't buy H+G, legally, Hicks owes RBS, they have to go through RBS and the chairman first

Is that definite ?
If that is the case why didnt Gilette have to do the same ?
Sabre looks like a big lezzer
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Postby bigmick » Thu Oct 14, 2010 12:58 pm

I think we're OK. If Hicks and Gillette own the club and then sign an agreement which gives Brougton the right to sell the club, that overrides everything else. At the point Broughton and the board ratified the NESV deal, (which is also signed and sealed) Hicks and Gillette hadn't "sold their shares" or any of that old b0ll0cks. Therefore, the original deal holds good. I'm no lawyer obviously, but to me it's clear enough.

It's a bit like selling something for 200K and then somebody else offering you 210K after you've done the deal. If you've already signed the contract there's feck all you can do about it. Once all the dust settles, we'll be all good I think.
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Postby Anfield rapper » Thu Oct 14, 2010 1:02 pm

I hope your watching this Mr Moores!!
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Postby metalhead » Thu Oct 14, 2010 1:04 pm

Ben Patrick wrote:
metalhead wrote:
Well Red wrote:yes but if Mill the hedge fund DO buy G & H out, and then pay off the £200million debt to RBS, then they own us ..... :censored:

they can't buy H+G, legally, Hicks owes RBS, they have to go through RBS and the chairman first

Is that definite ?
If that is the case why didnt Gilette have to do the same ?

Its very logical, yesterday the board and RBS won the case against the owners regarding the undertakings that the tw@ts gave to the bank. Now, with the board reconstituted, the 3 board member out vote the 2, so we (home team) have the higher vote. Hicks cannot go to Mill finance and sell his stake for a profit without the consent of the 3 board members (MB,CP and IA). Gillete is screwed big time because he already defaulted on his loans, which Mill Finance took his stake now, which is served as collateral. If Mill Finance wants to go ahead and buy Hick's share, they need approval from the board and RBS. The Higher court ruled us in favor of the owners, and that helps
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Postby Redangel » Thu Oct 14, 2010 1:04 pm

Press Association:
Liverpool co-owner Tom Hicks remains in control of his share of the club and has not sold out to Mill Financial, Press Association Sport has been told.

Reports this morning suggested the hedge fund, a branch of Washington-based Springfield Financial, had acquired the Texan’s 50% share having already taken ownership of his fellow co-owner George Gillett’s half.

However, a UK-based spokesman for Tom Hicks told Press Association Sport Mill Financial had not acquired Hicks’ shares.

Just seen this on another forum. Apologies if it's been posted.
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