A timeline of events for Liverpool FC sale - Thursday 14th of October
As the Sale saga of Liverpool has been gaining a lot of popularity; here is a timeline of events as perThursday 14th of October 2010.
*The day starts with Liverpool Chairman Martin Broughton being stopped at Slaughter and May by Her Majesty’s SSN but Broughton announces to the by standing media that he was still confident that the sale to NESV will go through.
*Reports emerge in media that Mill Financial had bought the 50% of the club’s shares owned by Hicks for 200 million pounds which meant that Mill Financial was the new owner of Liverpool Football Club, and if Mill Financial pays the Royal Bank of Scotland
the instalment owned by the club, then RBS’s power in case ends, deeming the court case insignificant and furthermore implying that the proposed sale to NESV could not go through.
* 11a.m: Liverpool Football Club announces that they are returning to court in an attempt to lift the injunction, the case was to be heard by Judge Lloyd at 2 pm.
* A Leading daily in England reports that LFC have already appointed a legal team in the US to deal with the Texas restraining order.
* The Leading sports daily in Liverpool, Echo, publishes a conspiracy theory that Mill Financial may be acting on behalf of an unknown and unnamed group and will jump in at the 11th hour to take over the control of the club. The inevitable connection
lines were drawn to Chinese Consortium of Kenny Huang.
* 12pm: The BBC reports that RBS’s hands will be tied if 200 million pounds are paid by Mill Financial as its ability to decide the fate of most famous English Football Club ever will end. The race was about who will pay RBS 200 million Sterling faster?
Mill or NESV.
* 1pm: All the reports in the media are contradicted by the Press Association as they claim that Tom Hicks has not sold any of his shares to Mill Financial and remains half owner of Liverpool Football Club.
* 2pm: The case is heard in the High Court and RBS claims that the restraining order is just an attempt to stall the progress and a court in the United States cannot rule on the sale of a British entity.
* 2.30pm: Peter Lim withdraws his offer to buy the club.
* 3pm: The court battle continues as RBS were in High Court seeking to lift the Texas injunction and Hicks and Gillett were in Dallas trying to prove a contempt of court by LFC by holding a board meeting a night earlier.
* 3.20pm: Lord Grabiner QC, the solicitor for LFC declared the Texas restraining order a grotesque parody, preposterous, unfair, and unjust.
* 4.20pm: The verdict is awaited as the LFC fans wait with bated breath to see if the circus goes into a 4th day nonstop drama. The NESV issues a statement claiming that they are the new owners of the club.
* 4.30pm: The ruling by Judge Lloyd is still awaited.
* 5pm: Court time ends and the fans and media still wait for a verdict but the proceedings in the court suggest that the ruling will be made against the Texas restraining order.
* 5.21pm: The judge rules that anti-suit injunction is awarded to RBS against the Texas restraining order. The judge rules that the case has got nothing to do with Texas and the sale of Liverpool Football Club to NESV can go ahead.
* 5.39pm: Justice Lloyd gives Liverpool’s co-owners Hicks and Gillett until 4pm on the 15th of October to comply with the ruling but judging by the events so far a final throw of the dice by Hicks and Gillett cannot be ruled out.
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