Posts Tagged ‘george-gillett’

Liverpool sale: Texas court’s restraining order

Pdf copies of the order obtained by Tom Hicks and George Gillett to block the sale of Liverpool to NESV, and their original petition to the court

Below is a pdf copy of the order obtained by Tom Hicks and George Gillett to block the sale of Liverpool to NESV.

Below is a pdf copy of the petition submitted to the court by Hicks and Gillett.

LiverpoolBusinessguardian.co.uk

Tom Hicks and George Gillett claim injunction to halt Liverpool sale

• Liverpool, RBS and NESV accused of ‘epic swindle’
• Hicks and Gillett claim they will sue for £1bn

Liverpool’s American owners, Tom Hicks and George Gillett, have tonight claimed that a Texas court has granted a temporary restraining order stopping the proposed sale of the club to the owners of the Boston Red Sox, calling the attempt to sell the club an “epic swindle”.

Hicks and Gillett claim they will sue the three Liverpool board members, the bank controlling the club’s debt and prospective buyer New England Sports Ventures for a total of $1.6bn (£1bn) in damages. The pair said that NESV’s offer to buy Liverpool was “hundreds of millions of dollars below true market value”.

The statement came while NESV’s John W Henry was meeting the three English board members in central London to ratify the sale.

Earlier today a high court judge definitively ruled against Hicks and Gillett in a move that was expected to precipitate the sale of the club as early as tomorrow.

Liverpoolguardian.co.uk

Peter Lim calls on Liverpool board to consider his bid to buy club

• Singapore businessman makes £320m takeover offer
• Board to discuss sale tonight following High Court victory

The Singapore billionaire businessman Peter Lim has urged the Liverpool board to consider his bid to buy the club.

A fresh takeover of the club can take place following the High Court ruling this morning which prevented the current owners, Tom Hicks and George Gillett, from further attempts to bloke a sale.

The newly reconstituted Liverpool board, led by the chairman Martin Broughton, is expected to meet tonight to ratify a sale to New England Sports Ventures but Lim is hoping his improved offer of £320m for the club will also be considered.

“I welcome the decision of the court. The way is now clear for the board to sell the club. I have delivered my offer to the board and believe that my ownership represents the best option for the future of the club and its supporters,” said Lim in a statement. “I hope that when the board is reconstituted tonight that it will not simply ratify a sale to NESV but will consider all the offers before them. I am asking the board to run a full and fair process that enables all of the offers to be considered on their merits before the future of the club is decided.”

Liverpoolguardian.co.uk