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Mill Financial set for key role in takeover

Dirk

By Dirk,
in FF - Football Forum

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Chinandeler Bong Mentor

Chinandeler Bong

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Press Association:

Liverpool co-owner Tom Hicks remains in control of his share of the club and has not sold out to Mill Financial, Press Association Sport has been told.

 

Reports this morning suggested the hedge fund, a branch of Washington-based Springfield Financial, had acquired the Texan’s 50% share having already taken ownership of his fellow co-owner George Gillett’s half.

 

However, a UK-based spokesman for Tom Hicks told Press Association Sport Mill Financial had not acquired Hicks’ shares

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Wezza Proficient

Wezza

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But surely the board has to vote on selling the cub/shares ? Same thing surely.

If thats all they had to do they would of done it long ago.

 

This.

 

Things are changing constantly with regard to Mill, but surely if part of the last re-finance Hicks was only able to sell his shares with board approval, then he wouldn't simply be able to offload them unless he got the support of Broughton, Purslow and Ayres which we know he hasn't. Hopefully this wont be as dragged out as long as things were on Tuesday.

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RobbieOR Grand Master

RobbieOR

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ress Association:

Liverpool co-owner Tom Hicks remains in control of his share of the club and has not sold out to Mill Financial, Press Association Sport has been told.

 

Reports this morning suggested the hedge fund, a branch of Washington-based Springfield Financial, had acquired the Texan’s 50% share having already taken ownership of his fellow co-owner George Gillett’s half.

 

However, a UK-based spokesman for Tom Hicks told Press Association Sport Mill Financial had not acquired Hicks’ shares.

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Wezza Proficient

Wezza

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Scenario.

 

Lets say things go our way this afternoon, and the sale goes through.

 

Could/Would Mill go after both Hicks and Gillette for the monies owed, and literally just fuck them both royally over? I am currently enjoying that thought (not in a perverse way)

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Chinandeler Bong Mentor

Chinandeler Bong

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I hope to god that NESV/the board go after hicks and sue him for figures similar to those he has tried to pin against the board.

 

A mate just said to me this is what will probs happen.

The sale WILL go through today and the Judge in Texas will decline the application.

RBS, NESV and the Board will then go after them for damages.

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Wee-bey Enthusiast

Wee-bey

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A mate just said to me this is what will probs happen.

The sale WILL go through today and the Judge in Texas will decline the application.

RBS, NESV and the Board will then go after them for damages.

 

I'm inclined to agree with this. I don't think they realised we'd go to the High Court so quickly.

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