Moores,Parry,Gillete,Hicks,Purslow C****!nm

[satmann]

nm.

[Jennings]

fo

[Guest PurpleNose]

Oh.

[liverpoolsno9]

I know what you mean. Is fuckin right

[Flying Pig]

I know what you mean. Is fuckin right

 

I don't get it! Is it worth it?

[Melchett]

I don't get it! Is it worth it?

 

no

[Redder Lurtz]

Is everyone shitfaced on here this evening?

[Rafa_The_Gaffa]

I'm drugged up on solpadol.

[bonesman]

Hicks and Gillett’s plea for more time to pay Liverpool FC trial costs dismissed

by Alan Weston, Liverpool EchoJan 10 2013Comments (4)

 

 

Former Liverpool FC owners George Gillett and Tom Hicks

THE former owners of Liverpool FC have been ordered to pay a sum in the region of £1m as security if they want to continue their long-running legal battle over the sale of the club to New England Sports Ventures (NESV).

 

Tom Hicks and George Gillett applied to the Court of Appeal to delay the High Court trial – scheduled for April – to give them more time to raise the money.

 

But this was over-ruled by Lord Justice Lewison which means Hicks and Gillett will have to pay up if they wish to pursue their bitterly-fought legal campaign through the courts.

 

In October Mr Justice Peter Smith ruled that the case should start in April and ordered the claimants to surrender security for costs. It was this which Mr Hicks and Mr Gillett were appealing against.

 

 

It was argued that the claimants could not raise the funds to pay for the case should the trial begin in April and that the payment for security for costs should not be “expedited”, delaying the case until late 2013 or early 2014.

 

The legal battle began after Liverpool FC was sold by RBS bank to NESV – headed by American businessman John W Henry – in a £300m deal in October 2010.

 

Mr Hicks and Mr Gillett tried and failed to block the sale. They claimed the club was sold at a “substantial undervalue” and said RBS “deliberately” blocked their attempts to “refinance”.

 

RBS provided Mr Hicks and Mr Gillett with a large loan facility which they used to help buy the club.

 

The American pair called the sale to NESV “an epic swindle at the hands of rogue corporate directors and their co-conspirators,” referring to the role played by the club’s former chairman Sir Martin Broughton, managing director Christian Purslow and commercial director Ian Ayre.

 

Mr Hicks and Mr Gillett believe they are due compensation following the sale of the club to Boston-based NESV - now renamed Fenway Sports Group - and that the club was worth a lot more than £300m.

 

In his written ruling, given on December 20 Lord Justice Lewison referred to the “bitterly fought and very expensive proceedings.”

 

He also referred to the “extraordinary volume of paper, the extravagantly long skeleton arguments which more resemble the Michelin Man than skeletons.”

 

According to the Court of Appeal ruling the claimants have now paid £712,000 on account securing the future of the case, well short of the estimated £5m they have been ordered to pay as security if they want to go to trial.

 

The 10-week trial is now due to begin on April 22.

 

Both RBS and representatives for Mr Hicks declined to comment on the latest development.

 

But a source close to the case said: “The ball is now very much in Hicks and Gillett’s court.

 

“If they want the trial to go ahead in April they will have to put up that money.”

 

Before the takeover by Fenway the three-and-a-half year reign of Hicks and Gillett at Anfield had become increasingly fraught with fans’ groups campaigning for them to be removed.

 

Reds fans were unhappy about the failure to start work on a long-promised new stadium and the large debts the club was being saddled with by the American pair who relinquished control in acrimonious circumstances.

 

 

Read more: Liverpool Echo http://www.liverpoolecho.co.uk/liverpool-news/local-news/2013/01/10/hicks-and-gillett-s-plea-for-more-time-to-pay-liverpool-fc-trial-costs-dismissed-100252-32578343/#ixzz2HZmMAJ00

[Beno]

Don't you just feel really really sorry for G&H as time goes on. They deserve their day(s) in court.

Sadly it looks like they've both fallen on hard times if they can't stump up the dough, so we might never see it.(6)(6)

[RobbieOR]

Quite ironic that they bled the club dry and asset stripped us for years and now they cant afford £1m. Or so they say.

[JohnnyH]

Gillett and Hicks still have lots of money and live pampered lives of $100,000 cars and private jets. They could easily afford to pay the £1m if they want, but just like they did with us, they just don’t want to pay these costs with their own money. If it comes to a last minute thing, then the money will appear.

[Guest San Don]

They can fuck off. Simple as that. Shsyters.

[magicrat]

I supect their legal advice is that they have little chance of success which is why they are baulking at handing over their own money. If they had any sort of reasonable case they would have paid up or found some backers. This will finally fizzle out shortly imo.

[Rick Sanchez C-137]

I hope they get bummed by an angry Sasquatch

[Randy Marsh]

Aren't they dead yet?

[Reckoner]

They could try and get funding from Amnesty international. Instead of wasting money on tortured prisoners they should stump up for some real victims for once like these two. I don't know all the boring financial details but they tried to build a nice big arena for the customers and all they got was grief. The Kop grandstand would have looked more modern with executive boxes too, and they could have even got McDonalds to come back.

Fair trials abroad are worth checking out too guys, and good luck.

[Tyler Durden]

Gillett and Hicks still have lots of money and live pampered lives of $100,000 cars and private jets. They could easily afford to pay the £1m if they want, but just like they did with us, they just don’t want to pay these costs with their own money. If it comes to a last minute thing, then the money will appear.

 

Of course it will, why would they pay it now if it isn't due until prior to the case in April ? That means they would just be without the cash for an extra 3 months then they need to be.

[polymerpunkah]

Report over here in Canada that they've withdrawn their suit against Purslow etc. and settled with RBS. Hopefully that's the last we see of them.

[RobbieOR]

Have you heard the news about Hitler invading Poland too?

[Section_31]

[SCOUSE TAPAS]

Have you heard the news about Hitler invading Poland too?

[Ranxerox]

I hope they get bummed by an angry Sasquatch

 

clearly you hate animals