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Liverpool Win High Court Legal Case: Judge Rules Against Hicks and Gillett

Victory for Anfield outfit.

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A summary of the main arguments from those parties involved in this protracted case.

RBS says owners have contradicted rules of sales agreement by trying to oust two members of the board and there should be a mandatory injunction imposed by the court to make sure the board is reinstated.

G&H admit they have breached sales agreement but say they only did it because the board excluded them from the sales agreement and refused to take into account stronger alternative bids to NESV. As a result, they dispute the injunction claim.

The Board disputes the claim that the owners were excluded from the sales agreement and says that instead the owners simply refused to take part. It also insists the NESV bid was the strongest on the table after a thorough process to find a buyer for the club. (Guardian)

10.43am: Judge rules against H&G, which means NESV deal can proceed. We will try and flesh out the details and ramifications…

10.42am: JUDGE RULES MANDATORY INJUNCTION WANTED BY RBS AGAINST OWNERS IS GRANTED: SALE CAN GO AHEAD (Guardian)

A judge has ruled against Liverpool’s owners in a High Court decision that brings the club closer to being sold to the owners of the Boston Red Sox. (BBC)

So after what appeared to be a never ending build up Mr Justice Floyd ruled in Liverpool’s favour leaving Tom Hicks and George Gillett without a leg to stand on.

What do Liverpool fans think of this verdict? The start of a new era? Glad to see the back of their incompetent money grabbing co-owners?

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