Guest Slarth Posted October 15, 2010 Share Posted October 15, 2010 Apparently the word on Twitter is that a deal has been struck between H+G and Mill. Which would mean that Mill would pay off the debt to RBS and we're back to square one. That's the option we all want to see Link to post Share on other sites More sharing options...
clintdempsey Posted October 15, 2010 Share Posted October 15, 2010 From Owen Gibson (The Guardian) @owen_g #LFC latest: H+G pull restraining order, sparking race between NESV and Mill to get deal done. Losers almost bound to sue. See you in court. NESV sources are convinced that a deal with Mill would still need board approval. If it went through regardless, they wd likely sue Link to post Share on other sites More sharing options...
NG32 Posted October 15, 2010 Share Posted October 15, 2010 What a fckn mess! Link to post Share on other sites More sharing options...
Guest ObiChrisKenobi Posted October 15, 2010 Share Posted October 15, 2010 Fights after school behind the Gym. Link to post Share on other sites More sharing options...
Guest neesy111 Posted October 15, 2010 Share Posted October 15, 2010 This is fuckin Brilliant. Watch the Scousers go off it. Link to post Share on other sites More sharing options...
Dokko Posted October 15, 2010 Share Posted October 15, 2010 They are staying pretty calm considering, 100% sure nesv deal is watertight. Blind optimism? Link to post Share on other sites More sharing options...
Guest ObiChrisKenobi Posted October 15, 2010 Share Posted October 15, 2010 Would it be wrong to laugh hysterically if this all fell through? Or better yet, Mills Financial took control and appointed H&G as executive board members? Link to post Share on other sites More sharing options...
Dokko Posted October 15, 2010 Share Posted October 15, 2010 So Mills Financial are a hedge fund, are they going for control or trying to cover the debts so H&G keep power? Either way its pretty bad news for Liverpool. Link to post Share on other sites More sharing options...
clintdempsey Posted October 15, 2010 Share Posted October 15, 2010 Would it be wrong to laugh hysterically if this all fell through? Or better yet, Mills Financial took control and appointed H&G as executive board members? If I understand this correctly, H+G could have struck a deal with Mill to pay off the debt. Sort of re-financing. Which of course would saddle the club/holding company with even more debt. Link to post Share on other sites More sharing options...
Guest Slarth Posted October 15, 2010 Share Posted October 15, 2010 Don't Mills stand to lose £75m if the sale to NESV goes through? Link to post Share on other sites More sharing options...
Guest ObiChrisKenobi Posted October 15, 2010 Share Posted October 15, 2010 Would it be wrong to laugh hysterically if this all fell through? Or better yet, Mills Financial took control and appointed H&G as executive board members? If I understand this correctly, H+G could have struck a deal with Mill to pay off the debt. Sort of re-financing. Which of course would saddle the club/holding company with even more debt. MUST NOT EXPLODE WITH LAUGHTER Link to post Share on other sites More sharing options...
clintdempsey Posted October 15, 2010 Share Posted October 15, 2010 @pkelso Mill Financial approached Premier League yesterday seeking approval under owners' and directors test. Link to post Share on other sites More sharing options...
jdckelly Posted October 15, 2010 Share Posted October 15, 2010 Premier league reject approach from mill financial to take owner and director test-ssn sources Link to post Share on other sites More sharing options...
Skeletor Posted October 15, 2010 Share Posted October 15, 2010 Premier league reject approach from mill financial to take owner and director test-ssn sources Cunts Link to post Share on other sites More sharing options...
Rob W Posted October 15, 2010 Share Posted October 15, 2010 the PL need to be careful - they could be sued as well................ English Company law doesn't recognise the "fit & proper person " test Link to post Share on other sites More sharing options...
High Five o Posted October 15, 2010 Share Posted October 15, 2010 Was rejected because the liverpool board had not accepted the bid. Thats why i think. When the board have accept the bid, they can take the test. Link to post Share on other sites More sharing options...
Guest gggg Posted October 15, 2010 Share Posted October 15, 2010 the PL need to be careful - they could be sued as well................ English Company law doesn't recognise the "fit & proper person " test It does recognise High Court judgments though. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted October 15, 2010 Share Posted October 15, 2010 I wasn't aware the PL actually ever applied the fit and proper person test. Link to post Share on other sites More sharing options...
Guest ObiChrisKenobi Posted October 15, 2010 Share Posted October 15, 2010 Think its all coming to an end now anyway. Press conference in bound outside the Slaughter & May Office. Link to post Share on other sites More sharing options...
Guest gggg Posted October 15, 2010 Share Posted October 15, 2010 Deal done Hicks statement: will pursue $1.6bn in damages following 'proposed illegal sale". suggest will hinder club for years. He should be the next Terminator. Link to post Share on other sites More sharing options...
Guest neesy111 Posted October 15, 2010 Share Posted October 15, 2010 I hope H&G get their damages. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted October 15, 2010 Share Posted October 15, 2010 They've got some cheek like. Take over a top football club, laden it with debt and run it down to the point where it needs to be sold immediately to avoid administration and likely relegation... then claim damages for yourself. Incredible. Link to post Share on other sites More sharing options...
Guest neesy111 Posted October 15, 2010 Share Posted October 15, 2010 They've got some cheek like. Take over a top football club, laden it with debt and run it down to the point where it needs to be sold immediately to avoid administration and likely relegation... then claim damages for yourself. Incredible. It'll happen to some other clubs soon, i.e. ManUSA comes to mind. Link to post Share on other sites More sharing options...
Parky Posted October 15, 2010 Share Posted October 15, 2010 This is fuckin Brilliant. Watch the Scousers go off it. Merseyside will have to be locked down with all the wakes, marches, protests planned. Full steam ahead! Link to post Share on other sites More sharing options...
Parky Posted October 15, 2010 Share Posted October 15, 2010 Would it be wrong to laugh hysterically if this all fell through? Or better yet, Mills Financial took control and appointed H&G as executive board members? If I understand this correctly, H+G could have struck a deal with Mill to pay off the debt. Sort of re-financing. Which of course would saddle the club/holding company with even more debt. I like your thinking. Link to post Share on other sites More sharing options...
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