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Liverpool to get nasty with American owners
09.10.10 | tribalfootball.com
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Liverpool are ready to get nasty with the club's much-maligned owners.

The Daily Mail says Liverpool are ready to try to destroy the credibility of Tom Hicks and George Gillett by portraying them as liars at the beginning and end of their controversial three-and-a-half year Anfield reign.

Chairman Martin Broughton will produce written evidence at the High Court that Liverpool's co-owners acted illegally in attempting to sack board members Christian Purslow and Ian Ayre and block the proposed £300million sale to New England Sports Ventures.

Hicks denied on Thursday that he gave Broughton power over boardroom changes and selling the club, but Liverpool say they can prove him wrong.

And in a move that could be devastating for the Americans, Broughton is expected to show that they falsely promised, in February 2007, not to pile debt on the club.

Shortly before seizing control, they wrote to shareholders to say that repayment of debt "would not, to any significant extent, depend on the revenues of the club".

Purslow was a shareholder at the time, and it is understood the pledge could come back to haunt Hicks and Gillett, with Liverpool's lawyers Slaughter and May ready to discredit them.

The mail talks out of its arse
Thought the lawyers were called
slaughter and maim?

The mail is just collating what we already know and jamming it into a 'new' story
''Hicks denied on Thursday that he gave Broughton power over boardroom changes and selling the club, but Liverpool say they can prove him wrong.''
well it was in the RBS agreement, either he signed it or he didnt and broughton says he did. This isn't a neighbour squabble over the dimensions of a partitioning fence!

""And in a move that could be devastating for the Americans, Broughton is expected to show that they falsely promised, in February 2007, not to pile debt on the club.""
Debt is normal in football, noone can guarantee against debt, it will be mentioned in court of course, but the issue is sale of club and the board membership, not the debt itself.

""Shortly before seizing control, they wrote to shareholders to say that repayment of debt "would not, to any significant extent, depend on the revenues of the club". ""
Again, the mail is talking out of its arse!
I'm not defending hicks I am having a go at the mail for crap journalism, writing emotive articles about hicks' financial mismanagement. Of course he's a liar, doesn't matter a fig, they all are they all promise they will take the team into the champions league etc, not knowing if they can or not, the problem is that hicks is an incompetent. Good riddance

The Reds' future will be decided in the High Court on Tuesday //sky sports