Liverpool Takeover Thread

Back to court: Lord Grabiner on the "home team" claim: He says it was the name of the conference line used by the board to listen to bids via telephone during meetings. Bidders had their own line and it was to make sure thaty they couldn't accidentally hear each other.

Thats just lol
 
Anfield Road has learned that Tom Hicks counter-sued MB, CP, IA and RBS overnight. RBS therefore escalated their action today.

As result, we are told, MB and CP made a last-minute decision to attend - as observers - today's RBS hearing.
 
3.52pm: Broughton's QC says: 130 parties were approached by the board in regards to takeover. "It was a thorough and well thought through process".

He adds that the Meriton offer only came in once they seen the bid by NESV. Meriton's original bid was "significantly less" than NESV.

He also says that Mill Financial wanted exclusivity, which was prohibited under the rules of the RBS agreement.

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GRABINER
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DONE :P
 
Looks like he is calmly knocking down each of Hicks arguments one by one. I say Hicks arguments as I believe Gillet wanted out of this ages ago, but his gentleman's agreements to only sell to each other has made him an unwilling passenger on the Hick train of destruction.
 
At the moment there is no need for RBS to put us into administration. They'll let the judge rule on the case first as they have a deal in place to sell the club and get all their money back.
 
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