'You'll walk away humiliated’, Liverpool FC tell Tom Hicks & George Gillett

George Gillett and Tom Hicks 300* More on the LFC takeover hereTOM Hicks and George Gillett will walk away 'humiliated' from their troubled Anfield tenure, Liverpool bosses warned today.Reds chairman Martin Broughton and fellow English board members are bracing themselves for a fierce battle in London's High Court against the two Americans.And that legal fight is likely to take place within the next five days, possibly even as early as this Friday. Co-owners Hicks and Gillett are vehemently opposing the Liverpool FC board's decision to accept a £300m bid for the club from New England Sports Ventures (NESV), an American investment company which owns the Boston Red Sox baseball team.But the English members on the Liverpool's board - Broughton, chief executive Christian Purslow and commercial director Ian Ayre - remain confident the process will be over, and the Reds will have unequivocal new owners, before the crucial Merseyside Derby in 11 days time.With the Royal Bank of Scotland's October 15 deadline for Hicks and Gillett to pay back their £237m debts approaching, Liverpool FC chiefs insisted:Even if the club loses the court case they believe RBS will call in the debt and immediately sell to NESV for £300mA back up plan is primed and in place, currently confidential, if the Reds lose the pending legal tussle with Hicks and GillettBroughton would have been 'very happy' with the Asian offer, who were promising to meet a similar sale price, if that company had won the bidding processthe Boston sports company has no history of leveraged buy-outs, and carries 'no debt' within their companyIf the Royal Bank of Scotland did call in the £237m debt, the bank could pursue the Americans for the remainder of the current sale price, around £63m, as they opposed the NESV sale.

Source: Liverpool_Echo