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Liverpool ownership battle goes to High Court
Source: Agencies |
October 12, 2010, Tuesday
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THE battle for control of Liverpool is going to court today, with a bank trying to force through the sale of the club to the owners of the Boston Red Sox over the objection of the current American owners.
Royal Bank of Scotland, which holds the bulk of Liverpool's debt, is seeking a court order preventing co-owners Tom Hicks and George Gillett Jr. from removing two of the three rival board members supporting a 300 million-pound (US$476 million) sale to the Boston group.
RBS has already been granted an interim injunction preventing Chairman Martin Broughton or managing director Christian Purslow and commercial director Ian Ayre from being fired.
The case is being heard in London's High Court.
Royal Bank of Scotland, which holds the bulk of Liverpool's debt, is seeking a court order preventing co-owners Tom Hicks and George Gillett Jr. from removing two of the three rival board members supporting a 300 million-pound (US$476 million) sale to the Boston group.
RBS has already been granted an interim injunction preventing Chairman Martin Broughton or managing director Christian Purslow and commercial director Ian Ayre from being fired.
The case is being heard in London's High Court.
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