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Him and Gillett sacked Purslow and Ayre this morning, but there standing there ground as they believe they cant sack them. I honestly don't know If he has the money, but Hicks and Gilletts lawyers must think they have a case to run with.
So Cancer and Aids kiss and make up again when it suites them. As I said from the beginning Al, the whole falling out storey was a sham designed to stall things while they both syphoned money out the club.

 

At least someone has also showed some sense in the timing of this, as we dont have a game for nearly two weeks.

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H+G say: "In April, we confirmed our agreement to sell Liverpool, and appointed a new Chairman and advisers to oversee the process...At that time we and Martin Broughton stated our commitment to finding the right buyer for LFC, one that could support and sustain...At that time we and Martin Broughton stated our commitment to finding the right buyer for LFC, one that could support and sustain... .. Club in the future. We remain committed to that goal.The owners have invested more than $270 million in cash into the club, and during their tenure revenues have nearly doubled... investment in players has increased and the Club is one of the most profitable in the EPL... As such, the Board has been presented with offers that we believe dramatically undervalue the Club.... very significant investment we've made...

 

To be clear, there is no change in our commitment to finding a buyer for Liverpool Football Club at a fair price that reflects the ..We will however resist any attempt to sell the Club without due process or agreement by the owners." THE END

 

Blood on the fucking carpet gents.

Edited by aiyic
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Hick's in on his knees here and not in a good way!

 

Seems like the last roll of the dice from him? If he'd been able to remove Purslow and Ayres you can bet he would have been the first to annouce it.

 

Fucking well played by broughton purslow and ayers here. Timing is perfect.

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If this did end up in court would it mean that the cut off date of the 15th is extended?

 

No, it shouldn't.

 

If 15 October is indeed the expiry date for the last refinance RBS can immediately enforce its security unless the loans are repaid in full. This is completely independent of any sale / offers for the club. The Yanks have until the expiry date to a) secure refinancing b) come up with the necessary funds from their own resources or c) sell the club. As soon as they default all control is taken out of their hands and RBS then call the shots. That is precisely why we need to continue to apply as much pressure as possible on RBS.

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