Hicks & Gillett still chock Acquisition Liverpool

Liverpool - Liverpool Indeed the problems facing today stem from the owners themselves, namely Tom Hicks and George Gillett. Lawyer Andrew Nixon assess the Liverpool owners, Tom Hicks and George Gillett are still likely to disrupt the acquisition of the club's agenda, with the club sued for acts detrimental because it sold more cheaply than the value of their predictions.

"In the matter of how Hicks and Gillett forward, they can claim the loss against the football club. There is potential, Hicks and Gillett to consider claims of loss because they assess the club was sold under the potential value and they have calculated (Liverpool) worth potentially more than 300 million pounds, "said Nixon.

Three years ago, Hicks and Gillett bought Liverpool with the proceeds of a loan from Royal Bank of Scotland (RBS). Repayment deadline until October 6, 2010, but they meras difficulty paying and finally in April last, the two owners of Liverpool decided to sell the club and they retreat from structural positions. Then they leave it to Martin Broughton purchase.

On 5 October, the Liverpool board that contains Broughton, Ian Ayre, Christian Purslow, Hicks and Gillett gathered to determine to whom the club would be sold, and now it's New England Sports Ventures (NESV) as a potential candidate.

However, the Hicks-Gillett said that has changed the composition of the board is replacing Ayre_Purslow with Mack Hicks (Hicks child) and Lori Kay McCutcheon (wakilpresiden in the company Gillet). And they say that the new directors did not want to sell the club.

But according to Broughton, on delivery of office, Hicks-Gillett in writing stating that the authority to change the board of directors only in the hands of Broughton and this is known by their creditors, the Royal Bank of Scotland.

Broughton judge that Hicks and Gillett tried to prop up the transaction and they violate what has been agreed. Broughton, Ayre, and Purslow still decide to sell the club, and will prosecute Hicks-Gillett over their claim to have legal certainty that he leads the board of directors are legally entitled to sell the club.

Broughton won the leadership of the Court of directors. And, according to reports in the UK, directors will conclude the transaction within the next few hours, although there is the possibility of Hicks-Gillett back acting up with an appeal or file a lawsuit other.

According to the news in England, when the club was sold to NESV, Hicks-Gillett will go with the loss of not less than 140 million pounds. In fact, the Hicks-Gillett had time to take into account Liverpool's potential trade value reached 600 million pounds.

British media and then assess, Hicks-Gillett make acquisitions in order to power much longer and thus can find a buyer who would like to buy Liverpool appropriate asking price. And if it materialized, Hick an Gillett will leave with a profit.
That's what brings Liverpool to a serious problem, because the two owners did not have the money to pay its debt to RBS, and they are actually trying to find a loan to another party to pay a debt to RBS.

In fact, when up to October 15, they will not pay, RBS will take over and entitled to submit to the administration of Premier League Liverpool. Liverpool had threatened reductions nine points and resale value will decrease.

Even if RBS decided to sell it, Hicks-Gillett also not going to get lucky, because according to reports in the UK, RBS is only going to sell Liverpool to the price of the debt (plus interest) Hicks-Gillett.