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sky


speculation that Chinese businessman Kenny Huang could be behind today's dramatic development

With the premier leagues recent track record, don't hold your breath. Its those idiots who are partly responsible for the mess football clubs are in today.

The only announcement I can see on the LFC website is...


http://www.liverpoolfc.tv/news/latest-news/liverpool-fc-statement-5

Wasnt it Sky who said Kenny Huang had pretty much tied up a deal to buy Liverpool a few weeks back? They do have a tendency jump on the bandwagon sometimes on the basis of fiction rather than fact (like most News Corp companies lol, dare I say it, The Sun).

If you rang up their head office and said you had recieved information claiming that DIC have bought the club outright and paid off the debts, they would probably air it lol.

Just been on sky sayin rumours sweeping the internet that Mill Financial have bought Liverpool FC. ITSTARTED ON TWITTER lmao!!

dont know whats true now as all the papers are on to it now??

http://www.liverpooldailypost.co.uk...ds-lfc-ownership-latest-100252-27471097/

Just remembering backto when DIC tried to purchase the club for £500 million, and Gillett had agreed to sell his half of the club, only for Hicks to block the deal.

Hicks has screwed this club over, and I am so hoping and praying that he walks away with a big loss! If Gillett has lost millions, as is being suggested, I hope he is able to excercise some odd US law and sue Hicks for the losses he incurred!

Im sure there will be something he can sue him for, after all America is the land of the lawsuit, where fat fookers can sue Macdonalds etc...

Tom Hicks quashes Mill Financial 'takeover deal' rumours





LIVERPOOL co-owner Tom Hicks has not sold his shares to Mill Financial, the American's spokesman confirmed to the ECHO this morning.

Despite reports to the contrary, the Texan remains in control of his 50% stake in the club as the future of the Reds remained mired in confusion.

It was suggested Mill Financial, an arm of US hedge fund Springfield Financial Company, based in Virginia, had done a deal with Mr Hicks to buy his shares at Anfield.

But in the last 15 minutes, a spokesman informed the ECHO there was no truth to those reports. He would not expand further on Mr Hicks' or Mill Financial's position.


The Virginia company already have an interest in Liverpool after co-owner George Gillett defaulted on his £75m loan with the same company two months ago.

It comes as the continuing saga of the ownership of the Reds was heard before the High Court this morning.

The English-based Anfield directors, along with the Royal Bank of Scotland and prospective buyers of the club New England Sports Ventures, were hit by a massive $1.6b law suit by Tom Hicks and George Gillett late last night.

The sale, agreed with the Boston consortium last night, was put on hold pending legal clarification of the temporary restraining roder.

This morning, the Judiciary confirmed to the ECHO the club's challenge against that court order, made in Texas, was heard briefly at the Royal Courts of Justice.

A further hearing will take place from 2pm today when Mr Justice Floyd will hear the application to overturn the lawsuit in full.


THE ECHO

SKY SPORTS NEWS


H&G in Court again in Dallas at the Moment Not Sure What They've Got Planned but Im Sure We Will Soon Find out

Liverpool FC to be sold today barring Texas courtroom ruling



A TEXAS judge is crucial to the £300m sale of Liverpool FC to New England Sports Ventures today. Ian Hernon and Luke Traynor report on extraordinary court battles in Dallas and London

LIVERPOOL Football Club will be sold to New England Sports Ventures today – barring any last ditch hitches in a Texas courtroom.

Lawyers for the Reds, main creditor Royal Bank of Scotland and Boston’s NESV were gathering at 7am (1pm UK) at the 160th District Court in Dallas to seek the removal of a restraining order obtained by the current owners on Wednesday night.

If Judge Jim Jordan is persuaded to overturn the order he granted Tom Hicks and George Gillett, the agreed sale of the Reds to NESV should proceed.

After a second damning verdict in London’s High Court yesterday, lawyers for co-owner Tom Hicks immediately went back to the Dallas court last night for another hearing with Judge Jordan but it adjourned without resolution until today.

The early start in Texas today is because of the 4pm deadline (UK time) High Court judge Christopher Floyd gave the Americans to remove their restraining order in his decision against Hicks and Gillett in London yesterday.

Liverpool remain hopeful the £300m sale to NESV, whose head is Boston Red Sox baseball franchise owner John W Henry, will go through, with both chairman Martin Broughton and managing director Christian Purslow speaking positively.

John Henry also tweeted this morning.


And managing director Christian Purslow told the ECHO: “We were delighted again with the result in the UK High Court this afternoon.

“We are hopeful of a successful outcome in the Dallas court when the judge returns tomorrow morning.”

A possible late offer from Mill Financial – who already own George Gillett’s half of the club – failed to materialise yesterday and, while it has not been completely ruled out, only a hugely-improved bid is likely to deflect the Reds board from their deal with NESV.

That deal moved substantially closer after victory was secured in the UK after Judge Floyd comprehensively ruled that the efforts by Liverpool’s American owners to block the sale of the club in Texas were wrong.

Judge Floyd granted the RBS, LFC and English board members Martin Broughton, Christian Purslow and Ian Ayre “anti-suit relief” to overturn the lawsuit obtained in Dallas.

That paves the way for the club to be sold to NESV for £300m. Indeed David Chivers, representing NESV at the High Court, told the judge his clients “are the owners of Liverpool now”.

With memorable phrasing, he described Hicks and Gillett as “the owners from beyond the grave who are seeking to exercise with their dead hand a continuing grip on this company.

“That is simply not acceptable.”


Read More THE ECHO

Hicks lifts restraining order, but to sell to Mill Financial






It is 4:30am in Texas and the story took a new twist this morning with Tom Hicks lifting the restraining order.

Many Liverpool fans are very nervous about this latest move and fear that Hicks might be doing this because he has sold his shares to Mill Financial as it was rumoured yesterday.

The BBC in fact have also reported that Mill Financial would then be in a position to pay back the £237m loan to RBS today and retain control of the club.

This follows an earlier Tweet by John W Henry this morning vowing to fight the latest move by Hicks, Gillet & Mill Financial.

But have Mill Financial passed the fit and proper test by the EPL?


THE EMPIRE OF THE KOP