Source: FOOTYMAD
Liverpool High Court Case - LIVE
Latest update from tweets sent during the High Court case... Click here to refresh this page RBS claim that Hicks and Gillett have been attempting to frustrate the sale process, acting with 'breathtaking arrogance' RBS ask to judge to 'restore a clearly constituted and functioning board. It'd be wrong for Hicks and Gillett to profit from their tactics' No sign of Hicks and Gillett in court.Representative admits breach of contract but feels no urge for board to be reconstituted before Friday RBS reveals that H&G have breached clause C3 of sale agreement with the bank, signed in April 2010 in regards to trying to change the board Hicks and Gillett accept that sale is inevitable but claim the board didn't consider alternatives to NESV. Hicks and Gillett claim that bids by Peter Lim and Mill Financial are still on table and better than NESV. Hicks and Gillett want to know why a meeting between Mill Financial and Martin Broughton was cancelled last Thursday. H&G representative: 'The English members of the board acted without properly considering other real alternatives that remain in place' H&G rep claims there's 'no reality of administration happening. Even if RBS call in the debt there are still options on the table' Martin Broughton urges Liverpool fans to 'Keep the faith.' Hicks and Gillett claim 'English directors were in breach of the sales contract with RBS.' Hicks has written a letter to the court saying that he and Gillett feel they 'had become excluded from the sales process by the board' Follow LFC Online's Twitter updates
