Liverpool board wins right to sell but another court battle looms

October 13, 2010

SOCCER-ENGLAND/LIVERPOOL-COURT

Updates at 0029 GMT, Thursday after Texas court injunction and Liverpool statement.

Liverpool were given the go-ahead to sell the club when a High Court judge backed the club’s board but another court battle could be on the cards after current co-owners Tom Hicks and George Gillett obtained an injunction in Texas to block the sale.

The High Court ruling on Wednesday morning suggested the agreed 300 million pound ($477.2 million) sale to New England Sports Ventures, the owners of the Boston Red Sox would go through and that feeling was strengthened at around 8pm when John Henry, owner of the Red Sox, arrived for a Liverpool FC board meeting.

However, there were more doubts raised a few hours later after Hicks said a Texas court had granted a temporary restraining order prohibiting the sale of the club to NESV.

Liverpool issued the following statement after the latest extraordinary twist:

“The independent directors consider the restraining order to be unwarranted and damaging and will move as swiftly as possible to seek to have it removed.”

How easy that will be remains to be seen.

Most Liverpool fans seemed to be cautiously optimistic after the original ruling this morning. There will be relief among many if this does mean the current era is over, and hope that once the uncertainty is gone the team’s performances will pick up.

Things are not quite settled yet, however, and everyone’s judgement is going to be reserved. No one in Liverpool is in the mood to get fooled again.

PHOTO: The Chairman of Liverpool Football Club, Martin Broughton, arrives at the High Court in London October 13, 2010. REUTERS/Stefan Wermuth

3 comments

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Liverpool board wins right to sell — what happens next?…

Liverpool were given the go-ahead to sell the club after a High Court judge ruled against their unpopular American owners and backed the club’s board and its right to push through a deal.Owners Tom Hicks and George Gillett tried to sack members of th…..

“No one in Liverpool is in the mood to get fooled again.”

I love the who.

Posted by Hachiko | Report as abusive

Surely NESV, RBS & LFC can just ignore this idiot Texas judge & carry on? They can cry all they want in Texas, but nobody will hear them in England.

Might as well file suit in China.

Posted by DopeAddict | Report as abusive

[...] the current board’s right to sell the club. Things may not quite be settled yet, however. Left field This entry was posted in Global News and tagged Another, battle, board, Court, Liverpool, looms, [...]

what has a dallas court to do with the sale of an english football club it is obvious that the american owners could not run a bath let alone a club, i hope you pair of liars go bust over this and please rember you will never again be welcome in LIVERPOOL

Posted by cubbo | Report as abusive

[...] NESV faced two legal obstacles, one in the UK and one in Texas. When the High Court gave them the green light, a Texas court issued an [...]