bbc5live BBC Radio 5 Live by PeeG24
#5live understands that Mill Financial now own both Tom Hicks and George Gillett's shares in #Liverpool #LFC
taken from their twitter page? wtf? :O if this is true, and Mill pay's the debt off, and still decide to sell to NESV, they'll make a profit no?
A while ago, I jokingly suggested arranging a mafia hit on Hicks - mmmm............
they are back in court at 2 so doubt we will hear much before then. On NESV, as far as they are concerned they not pulling out of the bid, even if this goes past the 15th october. Mills were not named in the court papers filed in texas so fas as they are concerned the owners are the two clowns. Liverpool will most likely get -9 points on friday. and Lim and huang are not in the picture unless the NESV deal falls through. That's my understanding of it anywayDramatic twist, my question is... Is it true that Mill is the new owner now? What about NESV? What about Lim and Huang? Will this be sorted out by tomorrow? And if not, will LFC get the 9 points deducted?
from an article i put up earlier from BBC:Surely Liverpool won't get 9 poiints deducted though. It will be the holding company that goes into administration not Liverpool. Same happened to West Ham and they didn't get a point deduction. May be wrong ofc.
Initially it had been thought the Premier League would not penalise the club for Kop Holdings becoming insolvent, but now the threat of a points deduction has become a serious one.
Under Premier League rules, the fact that the holding company is solely concerned with the ownership of Liverpool and football-related matters could trigger the nine-point penalty.
West Ham had been used as an example of why the Reds might escape in deduction if administration goes ahead when it was owned by Icelandic bank Straumur.
The Hammers, however, were a solvent part of a whole portfolio of different companies while Kop Holdings is solely concerned with Liverpool.
from an article i put up earlier from BBC:
Hicks still owns his shares.
http://www.liverpoolecho.co.uk/live...ancial-takeover-deal-rumours-100252-27471916/
That good news, right?