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Hicks's arguments were:
1. He and Gillett were exluded from the sales process and didn't know anything about the meeting.
This was proven to be a lie in court as there was correspondence between the board and the owners about the meeting and Hicks's personal lawyer was on the phone throughout the meeting.
Amidst all this....one thing that strikes me is ...why is RBS and Broughton so adamant about the NESV bid ?...
it seems to be this is favored by RBS for some reason, and hence Broughton
and the board want that one....
G&H want more money....so they want the other bids....
The Singaporean guy will give more money...but has no talk of the stadium..
Since it is not clear about NESV's funds...and whether they will add
any debt ?
Just hope this nightmare gets over....and we can just focus on the pitch...
Their job was to pick the best bid, and clearly NESV are the best of the three.
Meriton/Lim haven't got the funds to build the stadium (he's worth £1bn, take away the £360m to buy the club, £40m transfer funds and that leaves £600m, the stadium will cost around £400m leaving him with £200m in the bank. I really can't see that working out), Mill Financial are a hedge fund and should therefore be avoided at all costs plus they have close links with Hicks so it's possible he'd remain on the board, then there's the NESV bid, with 17 major investors, a background of sporting success and a background of developing and building new stadia. Clearly that's the best one.
Sounds good....then....hope this is a new dawn for LFC.....
debt-free....and empowered for success on the pitch....
@danroan Dan Roan
Packed Court 18 - Purslow&Broughton here - clerk bans all media Twitter and live updates, even from outside, so once a verdict I'll be back


Peter Lim wants to buy #LFC. He also kind of wants to sue them. Kind of sums it up, doesn't it? http://bit.ly/9FLihN

Judge says if #LFC still need declaratory judgement the date for that will be Oct 21st. In the meantime he will do nothing to prevent sale

@John_W_Henry John W. Henry
Well done Martin, Christian & Ian. Well done RBS. Well done supporters!

