Jump to content
  • Sign up for free and receive a month's subscription

    You are viewing this page as a guest. That means you are either a member who has not logged in, or you have not yet registered with us. Signing up for an account only takes a minute and it means you will no longer see this annoying box! It will also allow you to get involved with our friendly(ish!) community and take part in the discussions on our forums. And because we're feeling generous, if you sign up for a free account we will give you a month's free trial access to our subscriber only content with no obligation to commit. Register an account and then send a private message to @dave u and he'll hook you up with a subscription.

Tom Hicks trying to do deal with Mill Financial to block NESV Takeover


StevieH
 Share

Recommended Posts

atsiamis@springfieldfinancialco.com; rdevine@springfieldfinancialco.com

 

Dear Sirs,

 

It has come to our attention that Tom Hicks is looking likely to try to enlist Mill Financial - who already own George Gillett's 50% of the club - to pay the £280million debt to the Royal Bank of Scotland by today's deadline and thwart the takeover by NESV.

 

We write to inform you that if you are involved with any refinancing by Tom Hicks regarding Liverpool Football Club, we will be forced to, as a united and well informed group of supporters, target your assets in any place over the world. We can also promise that you won’t receive your money back from Hicks, as we will take every measure possible to force him out, including a financial boycott of the club, if he wins his fight to hold control.

 

We have already made our feelings well known to one major financial institution, Blackstone/GSO, who were set to refinance Hicks until we made our feelings known. Now, we are making our feelings known to you. Don’t get involved with these two chancers and give them a chance to pile more debt onto our club. They are defaulting on their loans with the Royal Bank of Scotland and have no intention of making any investment into Liverpool FC.

 

Walk away from them and save yourself a protracted, unfulfilling problem, the best way to describe the last three years of our lives with these two men ruining our football club.

 

You have been warned

Link to comment
Share on other sites

  • Replies 81
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

rscudamore@premierleague.com

atsiamis@springfieldfinancialco.com; rdevine@springfieldfinancialco.com; stephen.hester@rbs.co.uk; roger.lowry@rbs.co.uk;

 

 

Dear Mr Scudamore,

 

 

 

It has come to our attention that Tom Hicks is looking likely to try to enlist Mill Financial - who already own George Gillett's 50% of the club - to pay the £280million debt to the Royal Bank of Scotland by today's deadline and thwart the takeover by NESV.

 

 

 

Your rules contain an Owners and Directors test, and a description of when it applies, and how it operates. (Rules D1 to D7 inclusive.)

 

Furthermore, your rules contain an obligation for certain financial information to be submitted to you if someone proposes to acquire control of a club. (Rule C91).

 

 

 

With reference to those rules in particular, and your general obligations to administer Premier League clubs, we would like to know if you have demanded or received the following information.

 

 

 

1. Has Mill Financial acquired (directly or indirectly) voting rights at any shareholders' meeting of any of Gillett Football, Kop Delaware LLC, Kop Cayman, Kop Football Holdings Ltd, Kop Football Ltd, or Liverpool Football Club and Athletic Grounds Ltd?

 

 

 

2. If so, what is the nature and extent of those rights, and what percentage of the voting rights do they control, in each case?

 

 

 

3. From which date did they acquire these rights, in each case?

 

 

 

4. Has Mill Financial acquired (directly or indirectly) voting rights at any directors' meeting of any of Gillett Football, Kop Delaware LLC, Kop

 

Cayman, Kop Football Holdings Ltd, Kop Football Ltd, or Liverpool Football Club and Athletic Grounds Ltd?

 

 

 

5. If so, what is the nature and extent of those rights, in each case?

 

 

 

6. From which date did they acquire these rights, in each case?

 

 

 

7. Has Mill Financial acquired (directly or indirectly) the right to require George Gillett junior to vote as Mill instructs him at any directors' meeting of any of Gillett Football, Kop Delaware LLC, Kop Cayman, Kop Football Holdings Ltd, Kop Football Ltd, or Liverpool Football Club and Athletic Grounds Ltd?

 

 

 

8. If so, what is the nature and extent of those rights, in each case?

 

 

 

9. From which date did they acquire these rights, in each case?

 

 

 

10. Is George Gillett undergoing any form of bankruptcy proceedings in any jurisdiction in the world, and/or are any of his relevant companies subject to formal insolvency procedures in any jurisdiction in the world?

 

 

 

11. If so, what are the full details, and when did that action commence?

 

 

 

12. If so, then will George Gillett junior be disqualified, under PL rules, from acting as a director of Liverpool Football Club and/or any of its parent companies, and from which date will that take effect. Has any notice already been served upon him or the club?

 

 

 

We firmly believe that, if you have any of the information above, then we, as fans of LFC, are entitled to be given copies, and we would urge you to publish the information on your website and release it to the media.

 

 

 

Even if, contrary to our belief, you maintain that the actual full details of the information that you have received should be private, then please answer the following questions at least.

 

 

 

13. Have you made enquiries similar to any of those mentioned above?

 

 

14. Have you had replies to those enquires.

 

 

15. Have you shared copies of your enquiries, and any replies, with the parties to the forthcoming legal action, and their legal representatives.

 

 

 

Yours sincerely,

 

 

 

KOP FAITHFUL

Link to comment
Share on other sites

I'd take administration and a 9 point penalty now to stop this mess!

 

If that's the only way to be 100% sure Hicks and co are definately out of the club then I say put us into administration pronto. It feels like we're gambling atm. I don't like the fact that Hicks got time to do buissness cause he's desperate and will do anything it seems.

Link to comment
Share on other sites

If that's the only way to be 100% sure Hicks and co are definately out of the club then I say put us into administration pronto. It feels like we're gambling atm. I don't like the fact that Hicks got time to do buissness cause he's desperate and will do anything it seems.

 

They can't thanks to tinpot Jim and his kangaroo court. The RBS don't want to be held in contempt of court in Texas, which they would be if they put us into administration as of now.

Link to comment
Share on other sites

They can't thanks to tinpot Jim and his kangaroo court. The RBS don't want to be held in contempt of court in Texas, which they would be if they put us into administration as of now.

 

That doesn't make me feel any better.

 

We might live to regret that RBS didn't call in the loan earlier this week?

Link to comment
Share on other sites

How can Hicks sell his shares when RBS/Liverpool can't accept a bid from NESV?

 

Maybe Hicks don't need to sell atm to get Mill to pay the debt - could be a deal to do this after the debt is cleared adn power back at Hicks court, but it seems very weird.

Link to comment
Share on other sites

How can Hicks sell his shares when RBS/Liverpool can't accept a bid from NESV?

 

Maybe Hicks don't need to sell atm to get Mill to pay the debt - could be a deal to do this after the debt is cleared adn power back at Hicks court, but it seems very weird.

 

Hicks' shares aren't part of the American injunction.

Link to comment
Share on other sites

"Mill opened talks with RBS am yesterday, offering to pay off #lfc's loan. On advice of its lawyers, RBS refused to take the money," The Times's Ben Smith tweets.

 

This seems dodgy as well?

 

No doubt will see another day in court about this if Hicks don't get it his way. Can RBS really say no to money from someone trying to pay a loan?

 

The 'fact' that someone (Mill) is willing to pay the loan (for Hicks) must be a bad thing for us?

Link to comment
Share on other sites

"Mill opened talks with RBS am yesterday, offering to pay off #lfc's loan. On advice of its lawyers, RBS refused to take the money," The Times's Ben Smith tweets.

 

This seems dodgy as well?

 

No doubt will see another day in court about this if Hicks don't get it his way. Can RBS really say no to money from someone trying to pay a loan?

 

The 'fact' that someone (Mill) is willing to pay the loan (for Hicks) must be a bad thing for us?

 

Maybe Henry has an airtight binding agreement with the club and RBS would be in breach of this if they accepted Mills's money ?

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share


×
×
  • Create New...