Barclays Premier League Season 2010/2011

[Shibby]

Either way RBS are going to win, sure they might be in the wrong for the way they've gone about selling it. ?But RBS are only doing it to recoup the money. ?Even if the case goes on longer then RBS can still call in the debt if they want to.

[rajputwarrior]

In new twists to the long-running boardroom battle Tuesday, a Singapore billionaire raised his offer for the club and the current American owners said a U.S. hedge fund is also making a bid.

my vote is for the billionaire

[Subject Delta]

Frankly at this moment I believe having Hermann Goering in charge would be a welcome step up from Hicks and Gillett. As long as this situation is resolved with the minimal amount of damage to the club, and we get new ownership, I am not overly fussed who ends up in ownership.

[Rappy Veteran]

my vote is for the billionaire

want to be the next Man City? ;)

[rajputwarrior]

want to be the next Man City? ;)

lol yup! i have no problem just splurging on players.

[Rappy Veteran]

lol yup! i have no problem just splurging on players.

I like the idea but dont like the idea of a team having unlimited resources it ruins football :unsure:

[Subject Delta]

I like the idea but dont like the idea of a team having unlimited resources it ruins football :unsure:

Likewise, but as the saying goes, if you can't beat em join em

Chelsea started it, Man City continued it. And unless the league do something to clamp down on it, it will continue.

[rajputwarrior]

I like the idea but dont like the idea of a team having unlimited resources it ruins football :unsure:

agreed, but what else can you do nowadays to keep up?

[Kostaz]

Too? much? irony

[Rappy Veteran]

Likewise, but as the saying goes, if you can't beat em join em

Chelsea started it, Man City continued it. And unless the league do something to clamp down on it, it will continue.

Yeah Chelsea did it at first then kinda slowed down when they realised buying players for ?30m didn't always work...and they kept the goodens and bought wisely...but City its working at the moment...until January when Mancini buys more strikers for ?40m :sleep:

[Rappy Veteran]

The owners lose!

[Steven P. Administrators]

Legislation, wage caps, spending caps vs actual income must be enforced, because the Man City & Chelseas of English football totally undermines the competition imo.

Yes I am a bitter Portsmouth supporter, but our troubles started when our owners saw no other option but to overspend in order to achieve anything in that league.

A normal business, if run like some football clubs are right now, would be folded/liquidated in minutes.

[Neowinian]

Liverpool, Stoke and Sunderland to be relegated?

Manchester United to be the Champions!

Tevez is going to be top goal scorer with 29 goals.

[Subject Delta]

Legislation, wage caps, spending caps vs actual income must be enforced, because the Man City & Chelseas of English football totally undermines the competition imo.

Yes I am a bitter Portsmouth supporter, but our troubles started when our owners saw no other option but to overspend in order to achieve anything in that league.

A normal business, if run like some football clubs are right now, would be folded/liquidated in minutes.

I absolutely agree. The problem is, the premier league as it is makes too much money, and that is kind of stifling the charge for reform. In the end I fear we are going to end up with a league similar to Scotland, where if you don't support one or 2 teams, you are in for a pretty boring ride. Like a lot of sports, professional football in this country has had it's soul destroyed by money.

[Kralik]

Ramsey's back in training :happy:

Oh.. and so is Bendy :p

[Kostaz]

Bet everyone liked it when the three Red teams had all the cash.Destroyed by money my a**

[rajputwarrior]

cockblocked again..

Following the successful conclusion of High Court proceedings today, the Boards of Directors of Kop Football and Kop Holdings met tonight and resolved to complete the sale of Liverpool FC to New England Sports Ventures.

Regretably, Thomas Hicks and George Gillett have tonight obtained a Temporary Restraining Order from a Texas District Court against the independent directors, Royal Bank of Scotland PLC and NESV to prevent the transaction being completed.

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.

A further statement will be made in due course.

Author: Liverpool FC

Tagged: Liverpool FC , ownership

[Subject Delta]

It's sad and laughable really that Hicks and Gillett are moaning about their personal investments. Well I have news for them, when you take a risk like that, you have no legal right to expect compensation for that unless it's something you specifically write into your contract with the party that lends you the money. They owe RBS the money, and RBS have every legal right to recover their losses. They aren't really going to win this one, so I don't know why they are fighting it, and it's equally troubling to see American courts poking their noses into things that are outside of their jurisdiction and frankly none of their business. To be blunt, I personally wish they would just GTFO of our sport, the fact that both Liverpool and Man United's fans despise their owners speaks volumes in my opinion.

[metallithrax]

cockblocked again..

And now there is an injunction against the injunction.:wacko:

[Rappy Veteran]

it's getting pretty comical now :no:

[rajputwarrior]

Liverpool Football Club have tonight issued a statement following today's court hearing in London:

The independent Directors of Liverpool Football Club are delighted with the verdict of Mr Justice Floyd in the High Court this afternoon which now requires Mr Hicks and Mr Gillett to withdraw their Texas restraining order by 4pm tomorrow.

We are glad to have taken another important step towards completing the sale process.

Author: Liverpool FC

Tagged: liverpool fc , ownership

so if you cockblock the cockblock does that mean they are crossing swords?

[Kostaz]

so if you cockblock the cockblock does that mean they are crossing swords?

:laugh: :laugh:

International breaks have rarely been so fun.

[rajputwarrior]

:laugh: :laugh:

International breaks have rarely been so fun.

this is going to drag on for a while, because right now you have one country's legal system blocking another then that one who is getting blocked is then blocking the original blockers...

make sense?

i say take it up with the UN!

[Rappy Veteran]

Liverpool and the prospective new owners will have to wait until Friday to see an end to the battle with George Gillett and Tom Hicks after the court in Texas was adjourned on Thursday.

Gillett and Hicks obtained a temporary restraining order against Liverpool's prospective sale to New England Spots Ventures (NESV) on Wednesday in Dallas, just hours after the High Court in London ruled the deal was legal.

On Thursday the High Court again ruled in Liverpool's favour, condemning Hicks and Gillett's attempts to prevent the sale.

Indeed the American owners of Liverpool were given until Friday 4pm to comply with their new orders and to withdraw their action in Texas.

Liverpool are now battling against the restraining order obtained by Hicks and Gillett in Dallas, and have hired lawyers in Texas to combat the restraining order, which appears to be the final hurdle the club need to overcome in order to progress finalise the sale.

Details of Hicks and Gillett's motion were also revealed, which asked the Dallas judge to jail and fine club chairman Martin Broughton and other defendants in the case.

In the motion for contempt filed in Dallas, lawyers for Hicks and Gillett said: "Further showing their unlawful intentions and brazen disregard for their obligations, defendants have undisputedly and according to their statements, quite proudly, violated this court's temporary restraining order."

The motion also requested a daily fine of $50,000 be imposed until the contempt of court

Lawyers for the club and their prospective new owners NESV filed a motion of their own asking for the restraining order to be thrown out on Friday as that is the deadline set by the club's financiers Royal Bank of Scotland for repayment of their ?280million debt.

An official for the 160th Civil District Court in Dallas, which issued a temporary restraining order in the matter on Wednesday, said the hearing had been adjourned after about 90 minutes and would resume at 7am local time (1pm BST).

[Subject Delta]

This is really starting to get horribly stupid now. Hicks and Gillett are clinging on when the chances are they know full well they will lose, and the texan courts seem to be just interfering for the sake of it. Again, I repeat GTFO of our game.