His interest in English football stems from his ownership of several Manchester United themed bars in Asia. Hmmm I don't like this...
Lmfao..
"WHAT?! I thought I was buying Manchester United!!!..... What do you mean they're both red?!!"
His interest in English football stems from his ownership of several Manchester United themed bars in Asia. Hmmm I don't like this...
Lmfao..
"WHAT?! I thought I was buying Manchester United!!!..... What do you mean they're both red?!!"
A lot of people are saying that tomorrow's hearing will be a bit of a non event; last about 10 mins and then be adjourned until a later date (this week). The reason for this is said to be because the judge will want to look into the case in more detail, although some people are sceptical and think this is being said to try and discourage supporters turning up at Court.
Only if RBS puts the club into administration. Which they won’t unless H&G win the court case and can't be persuaded to sell before Friday. A 9 point penalty isn’t going to do much for the value of the club so if H&G want cut of their nose to spite their face they may as well give up being in business altogether.So, is it still possible for them to drop 9 points? Would be pretty funny to see Liverpool in the championship.
Reportedly this was the 2nd bidder from last week.
Edit: and they say it's Peter Lim, who according to Forbes, is not a billionaire. Worth an estimated $830m.
I read that the court case was due to start at 10:30. Can anyone verify this?
Fair enough. I just quickly googled his name when it was announced and found an old Forbes article that says he was worth $830m. Seems like he's 1 of a few people that's done ok for himself over the last couple of years.The article Ive just looked at on Forbes states he has $1.6 billion, hes number 8 in the Singapore's 40 Richest List. Article can be found here: http://www.forbes.com/lists/2010/79/singapore-10_Peter-Lim_ZDP1.html
I read that the court case was due to start at 10:30. Can anyone verify this?
I never thought I'd find myself routing for a bank, let alone RBSLooks like the case is starting now. RBS opened up by accussing H&G "breathtaking arrogance" in obstructing sale process.
11.38am: Hicks and Gillett representative admits to breach of contract but feels there is no urge for board to be reconstituted before Friday.
RBS dismisses this as 'absurd' given the company needs to repay £200m to the bank by Friday.