KopTalk.com Forums Football Liverpool FC Forum LFC BOARD GO TO WAR WITH OWNERS.......OFFICIAL

What's the info on then swede, they minted?

oli kay twitter:

This could be a long night. @tariqpanja and @ashlingoc both suggesting there could be a 2nd #LFC statement to follow...

someone on another liverpool forum is sayin that H&G got the refinancin deal and that Martin Broughton, Christian Purslow and Ian Ayre rejected this and thats y they want 2 of them removed so the could have 4 on the board and a majority

#LFC imminent statement from hicks 1 minute ago via Twitter for BlackBerry®

Asian owners is possibly the best option for LFC as i just spent a week in Singapore and everyone in Singa was wearing a liverpool shirt. Now i know people's views on OOT supporters but the asian market is so massive and LFC could clean up in revenue to further bolster it as a financial force to buy better players and grow as a club.

I do agree that the Asian market has huge potential for Liverpool, but I'm not certain an Asian owner will be in it for anything other than the money. That's not meant to come across as a racial slur, but I've lived in China since 2003, and loyalty is cheap. I got excited about Kenny Huang owning the club, but when I saw that he was running around talking to everyone even vaguely related to the club he seemed like just another scaly businessmen, dime-a-dozen here in the East, and I wasn't surprised he pulled out when Broughton called his bluff. I rather be owned by an oil magnate, frankly. They have too much money to need to exploit the club.

I guess this is the case regardless of who buys the club. We have to hope that purslow, broughton and Ayre pick the buyer with the best long term interests of the club. At least the club will be out of debt and have a new stadium built regardless of who buys the club.

This still isn't over by a long way. The tumors will drag it through the courts, which could take months.

Can't they both just do something useful for once and die.

only until the 15th October. the RBS will be able to call in the loan on this date. Remember this is already a loan extension therefore there can be no come back from HICKS/Gillete on being offered reasonable time. They(T+G) I believe have secured finance but it is based on using LFC equity, this has been rejected by the board and therefore they are trying put their own people on the board to accept the package. A legal challenge to remove the board has been placed, heres hoping that we reach the 15th Oct deadline before the legal challenge can be presented as regardless of outcome the RBS can just call in the loan and take the club. It is unlikely that RBS will review offers again and will just ratify the Barcap judgement for sale. Problem is failure to pay the debt results in a £60mil fine. LFC/New owners would have to pay this.
Sadly there is a chance although slim that T+G will succeed in there legal challenge and remove the non shareholders from the board. These challenges normally 2-3months but can take as little as 3weeks, because Barcap/RBS are involved I am confident that they can delay the legal process enough to get to the 15th October.

Hicks played the court with the Texas rangers and lost

he is a stubborn Texas cowboy !!!