afromanGT
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I just realised something...the Mills deal is irreleevant. Because it's an ownership structure involving Tom Hicks it won't be approved by the EPL because he's sent the club into administration.
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The Doctor
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imnofreak wrote:The Doctor wrote:im not nervous anymore, i just feel sick, just i don't know if i could actually take this if they get away with this, i know it'd be arsehole but i'm actually starting to think i might consider walking away from liverpool Don't be afraid of the dark, mate. Just wait for that goddamn lark. It's coming. IS IT... thats what i want to know is it... i could take relegation, one of my mates is a leeds supporter and i remember how devestated he was when it happened, and i've got a sunderland who's learnt to live with that possobility, i can accept relegation, but this whole financial mess, the potential owner being a man united supporter, everything that is wrong with the game, it has to be worth the effort, doesn't it?
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imnofreak
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So, we wait until midnight...
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afromanGT
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The Doctor wrote:im not nervous anymore, i just feel sick, just i don't know if i could actually take this if they get away with this, i know it'd be arsehole but i'm actually starting to think i might consider walking away from liverpool I'm nervous, I feel sick, I've got the shakes and I'm fairly sure I'm a whisker away from crying. Quote:12.53pm: A tweet: "Mr Justice Floyd likes to think about his decisions over lunch, so don't expect #LFCTRIAL judgment before 2pm." We shall soon find out... Get fucked. I can't take much more of this. And yes, if Hicks is successful in keeping hold of the club, I too am considering nolonger supporting them. They mean everything to me, but I couldn't sit here and watch that.
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imnofreak
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The Doctor wrote:im not nervous anymore, i just feel sick, just i don't know if i could actually take this if they get away with this, i know it'd be arsehole but i'm actually starting to think i might consider walking away from liverpool Don't be afraid of the dark, mate. Just wait for that goddamn lark. It's coming.
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The Doctor
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im not nervous anymore, i just feel sick, just i don't know if i could actually take this if they get away with this, i know it'd be arsehole but i'm actually starting to think i might consider walking away from liverpool
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imnofreak
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The Doctor wrote:i just can't believe this is happening to the club... the whole thing with Lim and Hicks is just soul destroying if it happens Wont let it happen
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afromanGT
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The Doctor wrote:H&G QC: Bid by Mill Financial (hedge fund who now own G's shares) would pay off all debt and committ to 100m on new stadium  When are those american cnuts going to get the message?
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The Doctor
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12.42pm: The secondary offer that H&G's representatives refer to is from Mill Financial. The offer includes repaying all debts and putting £100m towards the new stadium. Mill Financial took over some of Gillett's stake. Mill Financial were meant to meet Broughton last Thursday to discuss a possible takeover but it was cancelled. Hicks and Gillett's representative wants to know why this meeting was cancelled. Mill Financial remain interested in buying Liverpool.
this is out of the blue for me... i heard something a while back but that was ages ago
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The Doctor
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H&G QC: Bid by Mill Financial (hedge fund who now own G's shares) would pay off all debt and committ to 100m on new stadium
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afromanGT
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I love the way H&G are saying that this wasn't in the best interest of the club despite rejecting offers of over 100m MORE than the NESV bid.
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The Doctor
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12.40pm: H&G's represenatitives: "This is not about the owners trying to force Liverpool into administration or another form of insolvency. Claims RBS themselves could force sale through. This dispute then is about maintaining terms of the sale agreement: mainly that all alternative offers are properly considered by the board before an offer is accepted."
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The Doctor
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i just can't believe this is happening to the club... the whole thing with Lim and Hicks is just soul destroying if it happens
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imnofreak
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12.34pm:Back to court: "Representative for Hicks and Gillett claims case against them paints 'misleading picture of the issues'. This case is not about, he says, the owners trying to maintain their ownership of the club. They accept reality that their ownership will shortly come to an end. It's also not about owners trying to put spanner in the works regarding a sale. The owners accept that some sort of sale will have to occur. They are not intent on stopping sale to NESV. The owners' issue is that the board did not properly enter into the NESV agreement in that the directors did not properly consider alternative offers and so it is they who are in breach of the terms of the sale agreement with RBS."
Scum.
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The Doctor
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H&G: Bid by 'Meriton' (Lim) is still on table and better than nesv, as is an offer from Mill Financial!
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afromanGT
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The Doctor
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i still don't think it's enough because by the business transaction New England is a good one and it's not as if it was rash
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afromanGT
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The Doctor wrote:imnofreak wrote:sydneycroatia58 wrote:So Lim's bid only matters if NESV pulls out. Seems like a waste of time if you ask me. It is. He is a snitch. I bet Hicks' plan is to say that the board acted too soon in accepting NESV's offer, showing Lim's offer as a higher one and saying they didn't take the best course of action or some shit. Should fail though. H&G: accept sale inevitable but say board didn't consider alternatives to NESV Load of crap, the rejected an offer from Lakshmi Mittal because he has money involved in QPR and would have to sell that first. You'd think that for such an 'important' day, H&G could fucking show up in court.
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imnofreak
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#LFC chairman Martin Broughton: "This is a willing-buyer, willing-seller auction" (July 1 2010). Cut to the High Court...
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imnofreak
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So Hicks has paid his mate Lim to put the offer in to make it seem like the board acted rashly. Just like I said.
Still, shouldn't be a successful ploy.
Come on... please.
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imnofreak
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H&G: accept sale inevitable but say board didn't consider alternatives to NESV
Did I call it or what?
Edited by imnofreak: 12/10/2010 10:32:36 PM
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The Doctor
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imnofreak wrote:sydneycroatia58 wrote:So Lim's bid only matters if NESV pulls out. Seems like a waste of time if you ask me. It is. He is a snitch. I bet Hicks' plan is to say that the board acted too soon in accepting NESV's offer, showing Lim's offer as a higher one and saying they didn't take the best course of action or some shit. Should fail though. H&G: accept sale inevitable but say board didn't consider alternatives to NESV
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afromanGT
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imnofreak wrote:Girolami QC for H&G: RBS have presented "seriously misleading picture of true issues"
I'd love to know how. If anything it's been H&G who have been misleading. Using loans borrowed against the club as 'proof of funds' should be fraud. I can't do this. I feel so sick right now. I haven't been this nervous in a long long time.
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afromanGT
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imnofreak wrote:sydneycroatia58 wrote:So Lim's bid only matters if NESV pulls out. Seems like a waste of time if you ask me. It is. He is a snitch. I bet Hicks' plan is to say that the board acted too soon in accepting NESV's offer, showing Lim's offer as a higher one and saying they didn't take the best course of action or some shit. Should fail though. His offer would be accepted by the RBS should H&G win today, Liverpool go into administration. United fan wins. "Apparently Hicks and Gillett have now attempted to bagsy the club. We all know that the law of bagsy overrides any other laws."
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imnofreak
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Girolami QC for H&G: RBS have presented "seriously misleading picture of true issues"
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imnofreak
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Bet he's offering Hicks something too. This Lim fella better get farked. Dodgy prick.
Slim Lim.
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afromanGT
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The Doctor wrote:i don't get it... like there looking to get a profit from it... but fuck they won't get ANYTHING back if the banks take control They'll in fact lose money if that happens. This Lim bloke is having a lugh. Trying to buy the club after an offer is accepted. And being a united fan #-o
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sydneycroatia58
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A Man Utd fan looking to buy Liverpool. Not dodgy at all:lol: Harry Redknapp has to be involved in the dodginess somewhere:lol:
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imnofreak
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sydneycroatia58 wrote:So Lim's bid only matters if NESV pulls out. Seems like a waste of time if you ask me. It is. He is a snitch. I bet Hicks' plan is to say that the board acted too soon in accepting NESV's offer, showing Lim's offer as a higher one and saying they didn't take the best course of action or some shit. Should fail though.
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The Doctor
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12.06pm: Despite his new offer, Lim's chances of buying Liverpool are slim. Lim is only likely to gain control of Liverpool if Hicks loses in court and RBS put the club into administration or NESV choose to pull out. NESV's agreement with the LFC board is legally binding, so a higher bid cannot be accepted. Lim might also try to offer Hicks the funds needed to pay off the debt and take control surreptitiously, although this would seem like a very risky strategy. Lim, by the way, is a Manchester United fan and owns a string of Manchester United themed bars, the Reds cafes, in Asia.
the lim deal sounds diabolical
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