Source: PA
Court ruling is `good news for fans'
A top football finance expert believes the High Court ruling in favour of the sale of Liverpool is good news for long-suffering fans of the club.
The High Court in London granted injunctions that could pave the way for the prompt sale of the club and Mark Hovell, of George Davies Solicitors, believes the ruling has almost certainly prevented the club from the spectre of administration.
"This is good news for the fans - if the decision had gone the other way it could have resulted in the bank looking at other remedies such as placing the holding company into administration," said Hovell.
"Under the Premier League regulations that would have resulted in a nine-point point deduction."
