High Court Date and Time

[PaulMcC]

The judge looks like a friend of Hicks helping him out to me

[Salou]

What about the fact that Hicks never mentioned to the court in texas yesterday that they had already lost in the high court in London. Surly he can be done for that.

 

This was one of the main points brought up in the UK High Court today by Grabiner and Snowdon, only one part of the TRO mentioned the High Court ruling and even that part was incorrect so on that basis alone the Dallas Court should have lifted the injunction today. No reason whatsoever for him to take it to tomorrow. Hicks has one more ace up his sleeve I can feel it no matter how limited his options are right now.

[Lee909]

Surely the deal to sell the club has been agreed and signed and is just awaiting the lifting off the restraining orderr and when that is removed the club has been sold regardless of him haviong the moeny or not.He cant sell his shares in time as the premier league have not been informed.I also cant see how this hedgefund owns Gillets shares and they have not passed any fit and proper persons test either

[Carra_is_legend]

What about the fact that Hicks never mentioned to the court in texas yesterday that they had already lost in the high court in London. Surly he can be done for that.

 

Yeah, it is astonishing he didn't get done for that if you think about it.

 

Still, just more than 12 hours to go and everything will be clear. The board, Henry, RBS will all have finger on the pulse once a verdict is given in Texas.

 

I just don't know how the judge in Texas can give a favourable verdict to the cancers.

[usernameunknown]

The judge looks like a friend of Hicks helping him out to me

 

All these big shots must mix in the same circles and that. Its ridiculously hard to believe theyve never crossed paths before, just got to pray he's not corrupt or a proper friend of his.

 

It absolutely fucking stinks though that a decision on an English club who has the backing of the High Court is still under threat from a Court in an American city.

[YNWAViking]

RBS Black Monday is pushing people to mail the MacQuarie Bank due to rumours (?) of H&G applying for refinancing there.

 

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[Ted]

He's gonna get refinanced. That judge has fucking bailed that fat cunt out.

[stringvest]

Anyone including Huang who wants to buy the club will have to do due dilligence etc in less then 24 hrs.

 

his lot have already had access to almost everything they need to complete due diligence. But it's a non-starter, unless he signed a contract with the devil to allow Hicks to continue as owner until NESV went away. Too murky - he could easily find himself shafted by Hicks or a counter offer.

[Il Fenomeno]

He's gonna get refinanced. That judge has fucking bailed that fat cunt out.

 

Purslow said he needed the boards backing to refinance.

[usernameunknown]

Purslow said he needed the boards backing to refinance.

 

Surely thats just if he's putting up assets like say the stadium as part of re-financing then the board can block it. If he come up with the cash though and could get it transferred in the morning I dont see what the club or RBS could do to stop him.

[Ted]

I'm sure he'll find a way round it.

 

This Australian company, McQuarie - they need to be targetted. They need to be told where to fucking go too.

[Dan Vito Corleone]

RBS Black Monday is pushing people to mail the MacQuarie Bank due to rumours (?) of H&G applying for refinancing there.

 

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They're spot on - this came to light in the court case.

[Wor Horse]

I'm fucking scared.

[Reacher]

Ugh gonna be a long night :(

[Skully]

The Times reporting Mills Finacial stil a threat - we should go for them I reckon. Mnd you The Times, not been that spot on last few months regards takeover! (not Tony B, Helen Power)

 

Rumours swirled yesterday that Mill Financial is a front for Kenny Huang, who made an unsuccessful bid for the club last month

 

Like most hedge funds, Mill Financial, the American financial group that bought George Gillett Jr’s 50 per cent stake in Liverpool last week, likes to keep a low profile.

 

The fund is believed to be an arm of the Springfield Financial Companies Group, which is based in Virginia and, according to its own website, provides short and medium-term financing for real estate developers.

 

The Springfield Group is also said to have links to the Washington Redskins, the NFL team. Beyond that, almost nothing is known about Mill Financial and its parent company.

 

Rumours swirled yesterday that Mill Financial is a front for Kenny Huang, the Hong Kong-based businessman who made a bid for the club but appeared to walk away from Liverpool last month.

 

Other insiders speculated that the fund could be serving its own interests, hoping to snap up Liverpool at a discount and sell it on to a higher bidder.

 

But even Liverpool’s lender, the state-backed Royal Bank of Scotland (RBS), has not been told who, if anyone, is behind the fund.

 

Whoever is behind Mill Financial has only hours to make a final move for Liverpool because the club’s £237 million loan with RBS expires at the end of business hours today.

 

It was unclear last night exactly how RBS defines its working day, but Liverpool could go into default as early as 4.30pm, when the bank’s tellers pull down the hatches early for the weekend.

 

RBS declined to comment, but it is understood that Mill Financial opened its first serious talks with the bank yesterday morning, offering to pay off Liverpool’s loans as part of its bid to take control of the club.

 

But on the advice of its lawyers, RBS refused to take Mill Financial’s money, insisting that the fund first acquire Tom Hicks’s 50 per cent stake in the club before it is allowed to redeem the club’s debt.

Sources close to RBS insisted last night that if Mill Financial can both acquire Hicks’s stake and put cash on the table to repay the debt, there is legally nothing that the bank will be able to do to stop the fund redeeming Liverpool’s debt and taking control of the club.

 

But once the clock hits 4.30 this afternoon, it is a different matter. At that point Liverpool fall into default and Hicks and Mill Financial will lose their rights over the club.

 

Yesterday morning RBS believed that Mill Financial would seal a last-gasp deal to take over the club through its audacious purchase of Liverpool’s debt. But by last night the hedge fund had still not returned with Hicks’s stake.

 

Mill Financial now faces a real race against time if it wants to make that last dramatic twist happen.

[Il Fenomeno]

Surely thats just if he's putting up assets like say the stadium as part of re-financing then the board can block it.

 

I think you're right, but I can't see anyone seriously thinking of lending him money if he doesn't put any assets up.

[redfromtubebar]

The MacQuarie Bank rumours are gathering.

[Lee909]

How the fuck is everyone reporting that mill finanace own 50% when nobody has informed the premier league of any ownership change, if they tried going behind the back of the premier league like that then they would screwing themselves

[rossy]

Is it possible that Peter Lim could refinance Hicks ? And he has PL approval already.

[Skully]

5 hours behind in Texas, then the time difference back down under. Fat Head is up to something.

 

That's the way I see it. But I still believe in Broughton. Who knows what the twat will cme up with next though

[karl1987]

Surely thats just if he's putting up assets like say the stadium as part of re-financing then the board can block it. If he come up with the cash though and could get it transferred in the morning I dont see what the club or RBS could do to stop him.

 

Any type of refinancing needs board approval no matter what it involves.

[PaulMcC]

Would it really be refinancing though?

 

It'd just be them giving RBS all the money they want and Hicks is back in charge.

[Lee909]

Lad from the aussie bank has kindly given his mobile number for urgent messages

 

Reply from the Aussie bank

Out of Office AutoReply:‏

23:38

 

 

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[Sangria]

I'm fucking scared.

 

I think they have done this to all of us, told lie after lie and wriggled out of every obligation they every made, it is only natural we feel this way.

 

I mean who the fuck ever thought we would be a subject to a court ruling in Texas.

I bet most of the best legal minds in the country never seen that coming, yes they reacted well but it was probably the last thing in the world they were expecting and why because it is a pile of shit.

 

Like you I worry about another trick.

[TheDrowningMan]

I've emailed all of the Macquarie people and have recieved one sarcastic, condescending response, a few send failures and an automated 'out of the office, returning Monday' job.