Tuesday 6 December 2016

All Liverpool eyes on US for resolution to ownership saga

Paul Kelso

Published 15/10/2010 | 05:00

LIVERPOOL could be owned by New England Sports Ventures (NESV) today after legal actions either side of the Atlantic sought to overcome a last-ditch attempt by Tom Hicks and George Gillett Jr to block the £300 million sale.

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After another victory in the British High Court yesterday, lawyers for the Liverpool board and RBS were in a Texas court yesterday appealing to a district judge to lift a temporary injunction that stalled completion of the sale on Wednesday night.

Jim Jordan, the Dallas judge, adjourned the hearing until 1.0pm (British time), which would give Liverpool and NESV a tight schedule to complete the deal today if their application was successful.

The Liverpool chairman Martin Broughton appeared confident last night as he left the City offices of Slaughter & May, the club's solicitors, that a sale could be completed before 3.0 today -- the latest time that NESV can transfer the £200m owed to RBS before its repayment deadline of 5.0. "We're nearly there," Broughton said.

Irish Independent

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