Liverpool FC Forum

by **Greavesie** » Thu Oct 14, 2010 1:05 pm

Anfield rapper wrote:I hope your watching this Mr Moores!!

this as well. He definitely has to hold his hands up. I never minded him but selling to them was nothing short of a joke and he has to take repsonsibility for not doing his homework.

I'm eagerly awaiting the jugdement on this one. I'm on the drink tonight. I hope I'm celebrating rather than drowning my sorrows

by **Reg** » Thu Oct 14, 2010 1:07 pm

SouthCoastShankly wrote: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.

This is a ground breaking case for the EPL, the FA are going to have to rewrite the rule book once this is sorted out.

Its a disgrace but to be fair, this is the exact disaster we feared in the run up to the deadline isnt it?

Until its MB announces we´ve lost - "In Grabo we Trust".

by **Anfield rapper** » Thu Oct 14, 2010 1:07 pm

12.58pm: 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 reports.

Guardian

by **Benny The Noon** » Thu Oct 14, 2010 1:08 pm

12.58pm: 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 reports.

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.

by **SouthCoastShankly** » Thu Oct 14, 2010 1:10 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 .....

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 ?

Because there is a distinct difference between selling and seizing. Gillett refinanced parts of his loans with Mill. When he defaulted on those repayments they seized his shares as collateral.

by **metalhead** » Thu Oct 14, 2010 1:10 pm

I'm not surprised at this, Mill Finance have no right to acquire Hick's share without the approval of the Liverpool board

by **Reg** » Thu Oct 14, 2010 1:10 pm

Ciggy wrote:Actually if Huang is behind this deal then it might not be that bad, but if its Mill itself a hedge Fund then its very bad news if they become our owner.

What do you mean?

Kenny the Spiv had no feckin' money first time round and he still has no money.

He can feck off.

Theres only one owner of LFC now and thats John Henry, no imposed owner is acceptable after this fight.

We're in eth same shít we were 48 hours ago.

Feck me there was less of a rumpus when BKMW bought Rolls Royce ffs.

by **red till i die!!** » Thu Oct 14, 2010 1:15 pm

gary cotterill reporting for ssn outside slaughter and may claims if the high court rule that the texas court has jurisdiction then we have to go stateside to fight.he also quoted rbs as saying if mill has indeed bought hicks out then it can do what it wants with lfc once they pay rbs the outstanding loan.he also said that it was unconfirmed whether or not they had taken control of hicks shares.

i fukkin hope the high court sort this out asap and force that sale to nesv today.
fuk off hicks,fuk off mill,fuk off huang and fuk off lim you fukkin del boy.

by **Ciggy** » Thu Oct 14, 2010 1:20 pm

I hope Hicks ends up in Walton. Hiya Tom I'm your new cell mate,
Hicks, sorry didnt quite catch your name then, Purple who?

by **Anfield rapper** » Thu Oct 14, 2010 1:24 pm

1.17pm: A spokesman for Tom Hicks has confirmed to my colleague Andy Hunter that the stake has NOT been sold to Mill Financial.

Guardian

:buttrock

by **Igor Zidane** » Thu Oct 14, 2010 1:26 pm

I'm lost . Me head is battered . So now apart from us all being finacial experts , we've now got to learn english and american law. Feck me them chilean miners had the right idea.

by **Greavesie** » Thu Oct 14, 2010 1:28 pm

Igor Zidane wrote:I'm lost . Me head is battered . So now apart from us all being finacial experts , we've now got to learn english and american law. Feck me them chilean miners had the right idea.

by **Reg** » Thu Oct 14, 2010 1:30 pm

I fear there could be a lot of friction at the Everton game this weekend.........

by **Anfield rapper** » Thu Oct 14, 2010 1:32 pm

Well it sounds to me that this statement that Hicks had sold to Mills financial was all a lie maybe to get more time. If thats the case the judge should really throw the book at him. I wouldn't be suprised if he is found in contempt now.

by **Reg** » Thu Oct 14, 2010 1:49 pm

The Guardian is giving live coverage on teh court proceeedings via their blog:

http://www.guardian.co.uk/footbal....overage

Come on Grabo lad, get in there!!

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