
Tom Hicks and George Gillett last night tried to derail Liverpool's sale to the owners of the Boston Red Sox by obtaining a temporary injunction in a Dallas court, claiming $1.6bn (£1bn) in damages and calling it an "epic swindle". The club immediately responded by vowing to overturn the "unwarranted and damaging" order as talks with New England Joint Ventures continued into the early hours after yesterday's resounding victory in the high court.
As Liverpool's reconstituted board met with NESV, on the verge of a deal to buy the club for £300m and bring the tenure of Hicks and Gillett to a close, the duo launched a desperate bid to reopen the sale process. The restraining order appears to prevent a sale taking place before the hearing on 25 October. Now the boards of Kop Football and Kop Holdings accept they must fight to have it removed in order to proceed with the sale to NESV.
A statement on the Liverpool website read: "The independent directors consider the restraining order to be unwarranted and damaging and will move as swiftly as possible to seek to have it removed."
The news of the restraining order came in a statement posted on the website of the American law firm Fish & Richardson. The Texas District State Court petition accuses the chairman, Martin Broughton, appointed by the creditors Royal Bank of Scotland in April to oversee the sale of the club, and his fellow directors of acting as "pawns" of RBS to perpetrate an "epic swindle" in selling the club to NESV for less than half its supposed market value and ignoring several higher offers.
more here: http://www.guardian.co.uk/football/blog/2010/oct/13/liverpool-sale-high-court-verdict-live