Chivers:If there was a delay, that may cause my client to lose a contract and suffer significant damage. If RBS sells to someone else, we lose our bargain. Are Hicks and Gillett going to provide damages for potentially huge losses?
“And, in any event, can it compensate for damage to the club (administration and points deduction)?
“These two gentlemen have no course of action at all against any party I can see who are in court today.”
Richard Snowden, for RBS, finished off proceedings and said: “After Friday, the (debt) facility goes to maturity. Hicks and Gillett are asking you to play a game. Your lordship should not play it.”