10.07am: David Gordon has just sent this email which might help explain what is going on:
"Can Hicks really offload his shares to Mill Financial? If you read the TRO issued in Dallas, towards the end it says:
"Accordingly, it is hereby ordered that Defendants and their officers, agents, servants, employees, and attorneys, and those persons in active concert or participation with any of them, are temporarily enjoined from engaging in the following acts:
a) Completing, closing or otherwise consummating a purported sale of Liverpool FC to Defendant NESV or any related entities as provided in the October 6, 2010 Share Purchase Agreement or on similar terms;
b) Without Plaintiff's consent, taking any action to modify, pledge, sell, transfer, seize, foreclose on or dispose of Plaintiffs' ownership interest in Liverpool FC"
Now, call this wishful thinking, but if it says that "those persons in active concert or participation with" the Defendants cannot do any of these things, surely that means Mr Hicks, who is part of the LFC board, cannot do this either? I guess it doesn't say that they can't sell to anyone, but then wouldn't Mill Financial fall under the "related entities" considering they own Gillett's stake?"