It's back to court we go...

13 October 2010 22:45
As we all expected, Tom Hicks isn't prepared to give up the fight for Liverpool Football Club. The co-owner has filed a temporary restraining order to prevent the board from selling the club to NESV and wants $1.6 billion in compensation. From Hicks' PR office: "The suit lays out the defendants' "epic swindle" in which they conspired to devise and execute a scheme to sell LFC to NESV at a price they know to be hundreds of millions of dollars below true market value (and well below Forbes magazine's recent independent $822 million valuation of the club) -- and below multiple expressions of interest and offers to buy either the club in its entirety or make minority investments (including Meriton and Mill Financial). It describes how the defendants excluded the owners from meetings, discussions and communications regarding the potential sale to NESV and interfered with efforts by the owners to obtain financing for Liverpool FC." It now looks like will be heading back to the court on 25th October, the date set aside by Judge Justice Floyd earlier today. Follow us on Twitter and Join our Facebook Page Buy Gerrard 'Hope' T-Shirt - now

Source: FOOTYMAD