Reds sale saga edges towards resolution

14 October 2010 22:00
Liverpool's complicated ownership issues could finally be concluded several thousand miles away on Friday when a court in Texas reconvenes. The club moved to the brink of being taken over by New England Sports Ventures (NESV) when a High Court judge in London dismissed a United States-based injunction preventing the sale of the club. However, lawyers for co-owner Tom Hicks immediately went back to the 160th District Court in Dallas for another hearing with Judge Jim Jordan only for that to be adjourned without resolution. The legal team will go back at 7am local time (1pm BST) - just three hours before the deadline set by the High Court for the American's restraining order to be removed - when it is expected a ruling will be made. Liverpool remain hopeful the £300million sale to NESV, whose head is Boston Red Sox baseball franchise owner John W Henry, will go through, with chairman Martin Broughton positive on Thursday night. "We're nearly there. We've still got to take away the restraining order," said Broughton, who added he hoped to have a deal in place for Henry to attend Sunday's Merseyside derby against Everton at Goodison Park. "Mr Henry is very committed. My guess is we'll have it done and he'll be there - but we've got to get rid of this order first."

Source: PA