Liverpool FC Forum

by **Redangel** » Thu Oct 14, 2010 11:54 am

This is an absolute disgrace !

The Premier League need to do something NOW or this will be the future for football !

by **GRAHAM01** » Thu Oct 14, 2010 11:56 am

Redangel wrote:This is an absolute disgrace !

The Premier League need to do something NOW or this will be the future for football !

i don't think they can do anything mate, in what way can they stop it

they already own half the club so they can't turn round now and say they can not own it all, they wouldn't have a leg to stand on

by **puroresu** » Thu Oct 14, 2010 11:57 am

Redangel wrote:This is an absolute disgrace !

The Premier League need to do something NOW or this will be the future for football !

What can they do? Mill Financial havent broken any business laws or done anything underhanded. As someone else said transfer of shares doesnt need board approval.

by **SouthCoastShankly** » Thu Oct 14, 2010 11:58 am

Lets just hope the CoJ rule that the Texan court has no jurisdiction to disrupt the sale (i.e. the TRO is invalid).

Then leave Hicks to fight a civil battle with RBS et al, leaving LFC out of it.

by **Thewaykokid** » Thu Oct 14, 2010 11:59 am

SouthCoastShankly wrote:Lets just hope the CoJ rule that the Texan court has no jurisdiction to disrupt the sale (i.e. the TRO is invalid).

Then leave Hicks to fight a civil battle with RBS et al, leaving LFC out of it.

even so, would that stop mill finance?

by **Anfield rapper** » Thu Oct 14, 2010 12:00 pm

Some dull cut as got a death wish.

by **Thommo's perm** » Thu Oct 14, 2010 12:01 pm

I didnt overly celebrate yesterday and this is why.
I have had too many let downs to believe that this would be sorted yesterday
Fingers crossed

by **lakes10** » Thu Oct 14, 2010 12:03 pm

high court to as who are the share holders of LFC

by **Redangel** » Thu Oct 14, 2010 12:07 pm

GRAHAM01 wrote:
Redangel wrote:This is an absolute disgrace !

The Premier League need to do something NOW or this will be the future for football !

i don't think they can do anything mate, in what way can they stop it

they already own half the club so they can't turn round now and say they can not own it all, they wouldn't have a leg to stand on

Surely a hedge Fund would NOT pass the fit and proper person test !!

by **Thewaykokid** » Thu Oct 14, 2010 12:08 pm

just a quick question here, if Hicks has sold his shares to Mill then does that mean the TRO is invalid? Furthermore, wouldn't that mean the binding agreement made with NESV be overpowering?

by **SouthCoastShankly** » Thu Oct 14, 2010 12:08 pm

This could all be prevented if the Premier League imposed the same laws as US sports. In the US no owner can purchase a club/franchise with more than 20% leveraged debt.

by **Greavesie** » Thu Oct 14, 2010 12:08 pm

Mill Financial e-mails:

atsiamis@springfieldfinancialco.com
rdevine@springfieldfinancialco.com

by **jacdaniel** » Thu Oct 14, 2010 12:09 pm

The board decided that NESV would make the best new owners.

T+T, Mills, Kenny, Lim are all trying to derail the bid. Its disgusting!

I have a horrible feeling that this is gonna go against us today and ruin the club. Lets pray something good happens in court!

by **Redman in wales** » Thu Oct 14, 2010 12:10 pm

Thewaykokid wrote:just a quick question here, if Hicks has sold his shares to Mill then does that mean the TRO is invalid?

No. The TRO is ONLY against the english board members and NESV - it states NOTHING against Hicks transfering shares in the parent company's

by **lakes10** » Thu Oct 14, 2010 12:10 pm

Thewaykokid wrote:just a quick question here, if Hicks has sold his shares to Mill then does that mean the TRO is invalid? Furthermore, wouldn't that mean the binding agreement made with NESV be overpowering?

Well in the eyes of the us mill will own us but in the eyes of the uk courts hicks will still own us as they blocked him from doing just that.

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