Hicks on the offensive

[BurtReynolds]

Liverpool co-owner Tom Hicks is determined to battle for control at Anfield after refusing to conform to chairman Martin Broughton's authority.

 

Broughton, who was instated in April to oversee the sale of the club, revealed on Wednesday that Hicks tried to sack managing director Christian Purslow and commercial director Ian Ayre and appoint his own people in an attempt to obstruct a £300million deal with New England Sports Venues (NESV), owners of the Boston Red Sox.

 

The internal strife at the club continued as Broughton blocked that move, insisting Hicks signed agreements not to oppose the sale when they received an extension to their refinancing deal with the Royal Bank of Scotland earlier this year.

 

If the NESV deal goes through, Hicks and co-owner George Gillett stand to lose a total of £144million.

 

Hicks' New York-based spokesman, Mark Semer, said the Americans are disputing Broughton's claim.

 

Semer told Bloomberg News: "There were no such undertakings given to Broughton, the board has been legally reconstituted, and the new board does not approve of this proposed transaction."

 

After rejecting the attemped coup, which would have seen Hicks' son Mack and Lori McCuthcheon, of Hicks Holdings replace Purslow and Ayre, Broughton continued with the conference call board meeting even though Hicks had put the phone down.

 

Broughton maintains he and the other two England-based members of the board have acted appropriately, but will have to wait for that to be confirmed, with the issue set to go to the High Court next week.

 

 

So in essence someone is lying about this written undertaking document, I know which i believe and it's not Hicks. Do you think an experienced campaigner like Broughton wouldn't have sought strong legal advice before making all this public, accepting the bid , going to court if he wasn't certain he had Hicks by the balls? This Hicks guy is unbelievable he's going down all guns blazing no matter what. Humiliated

[JoeyJones65]

Tough one this....shall we believe a fat Texan cunt who has lied and lied and lied?

 

Get to fuck Hicks...drop dead you waste of fucking skin.

[Silly season]

Re: Gillett and Hicks to lose £144m from sale

Sly sport now! The yanks have fired the board and claim Broughton had no right to accept the deal!

 

What is going on???

[Dan Vito Corleone]

So he's saying exactly what he said yesterday, basically.

 

See you in court you fat cunt.

[Sangria]

Broughton all over the TV saying he has such authority and it is a written agreement and Hicks saying there is no such document.

 

I know were my money is on.

[navbasi]

Hicks is full of shite... If they could have changed the board at any time, why didn't they do it when Broughton/Purslow/Ayre blocked their refinancing deal against Anfield and the players?

[Rex Banner]

God I hope Broughton is right about this not taking long in court because I can't help but get a sinking feeling it could drag on and on.

[Jim MM]

Attaboy Tom. You just keep banging your head off that brick wall and it's bound to fall eventually.

[Redexile]

Hmmmm who to believe ?????????????? Fuck off Hicks you lying gobshite.

[Bogman]

God I hope Broughton is right about this not taking long in court because I can't help but get a sinking feeling it could drag on and on.

 

 

1. A man of Broughton's standing and background..........I can't believe this wouldn't have checked out to the empth degree, before anything was released.

 

2. If the owners reckon they had the power to hire and fire the board members, why didn't they do it when they tried to put more debt on the club recently, and they were out voted?

[Albertini]

Read it and weep fat Texas cowboy

 

Liverpool Articles of Association:

 

http://dl.dropbox.com/u/4746910/LFC%20company%20articles.pdf

 

REMOVAL OF DIRECTORS

 

81)

 

Each director appoionted to the office of chairman of the board of directors may appoint any person as a director of the company and may remove any director (other than Thomas O Hicks and/or George Gilett Jr). Any appoinment or removal will be made in writing and signed by the then current chairman

 

See points 48 onwards regarding voting rights.

 

 

Bottom line Cancer & Aids havent got a leg to stand on. '

[col06]

Hicks on the offensive

 

what a load of old tosh

[benite]

1. A man of Broughton's standing and background..........I can't believe this wouldn't have checked out to the empth degree, before anything was released.

 

2. If the owners reckon they had the power to hire and fire the board members, why didn't they do it when they tried to put more debt on the club recently, and they were out voted?

 

I seriously doubt a deal of this standard, (multi million pound deal) would'nt be pushed through without it being legally sound.

 

Was'nt Broughton appointed to the board by RBS??? (maybe im wrong here) who are goverment owned? I can't see this not being legally ratified before any deal was agreed

 

He does'nt come across as a stupid man, and with that 'is at stake' i would seriously doubt all of this has'nt been thoroughly checked

 

Think Hicks just wants his day in court to see if he can get anything from this sale, its his last stand

[davidjames]

Hicks is going to say that they can appoint directors and the chairman has to sign it off. Those articles don't say what happens if the chairman doesn't approve of an appointment or whether he has any power of veto. I hope for our sake there is another letter.

[H7K]

I seriously doubt a deal of this standard, (multi million pound deal) would'nt be pushed through without it being legally sound.

 

Was'nt Broughton appointed to the board by RBS??? (maybe im wrong here) who are goverment owned? I can't see this not being legally ratified before any deal was agreed

 

He does'nt come across as a stupid man, and with that 'is at stake' i would seriously doubt all of this has'nt been thoroughly checked

 

Think Hicks just wants his day in court to see if he can get anything from this sale, its his last stand

 

 

Im sure he said in his interview yesterday he was appointed by h & g

[Morse]

Im sure he said in his interview yesterday he was appointed by h & g

 

 

He was appointed by BARCAP.

[ctkeepercoach]

Hicks is so stubborn that you can show him the document that he signed and he'd deny it.

 

Didn't Gillette deny making the 'Spade in the ground' comment even after he was shown quotes or some video a fan had made at the presser??

 

It just goes to show what we're fighting to be rid of... I hope Broughton has his ducks in a row.

[ctkeepercoach]

Also, here's a question about the British courts:

 

If Cancer and Aids appeal repeatedly and keep failing, will they end up compensating the club for wasted time and resources? Or would that require an additional lawsuit?

[Curly]

Hicks is so stubborn that you can show him the document that he signed and he'd deny it.

 

Didn't Gillette deny making the 'Spade in the ground' comment even after he was shown quotes or some video a fan had made at the presser??

 

It just goes to show what we're fighting to be rid of... I hope Broughton has his ducks in a row.

 

Nice phrase!

[MOGLET]

http://img408.imageshack.us/img408/1257/screenshot011copy.jpg' alt='screenshot011copy.jpg'>

[Guest LFD]

Hicks is rattled.

 

He's screwed us, but now we should have the last laugh thanks to Broughton.

[piscinin]

Read it and weep fat Texas cowboy

 

Liverpool Articles of Association:

 

http://dl.dropbox.com/u/4746910/LFC%20company%20articles.pdf

 

REMOVAL OF DIRECTORS

 

81)

 

Each director appoionted to the office of chairman of the board of directors may appoint any person as a director of the company and may remove any director (other than Thomas O Hicks and/or George Gilett Jr). Any appoinment or removal will be made in writing and signed by the then current chairman

 

See points 48 onwards regarding voting rights.

 

 

Bottom line Cancer & Aids havent got a leg to stand on. '

 

He'll try some sneaky shit like claiming the sale is at the Kop Football/Holdings level. What do the articles of incorporation say for that company?

[TheDrowningMan]

Hicks is going to say that they can appoint directors and the chairman has to sign it off. Those articles don't say what happens if the chairman doesn't approve of an appointment or whether he has any power of veto. I hope for our sake there is another letter.

 

But they can't. The article clearly states that the person(s) appointed chairman has that authority, and neither Hicks nor Gillett hold that office.

 

Directors - Liverpool FC

[TheHowieLama]

This old boy is gonna insure himself bodily harm at this rate.

[Guest LFD]

D.R. Moores - Hon Life President

 

He should be stripped of that title.