One more trick

After the High Court threw out Tom Hicks and George Gillett’s attempt to block the sale of Liverpool Football Club to New England Sports Ventures yesterday, it seemed certain that the club was moving into new hands. But the owners had one more trick up their sleeve.

The pair claim that they have been granted a temporary restraining order by a Texan court which will block any attempt to sell the club. Even though a Texan court has jurisdiction in the UK, according to the BBC both ‘New England Sports Ventures and Liverpool's bankers, Royal Bank of Scotland, would not wish to be seen to be wilfully defying that court, because that could cause harm to their substantial US operations.’ However, the club will be seeking to have it removed as soon as possible.

‘Following the successful conclusion of High Court proceedings, the board of directors of Kop Football and Kop Holdings met and resolved to complete the sale of Liverpool FC to New England Sports Ventures,’ they said in a statement. ‘Regrettably, Thomas Hicks and George Gillett obtained a Temporary Restraining Order from a Texas District Court against the independent directors, Royal Bank of Scotland PLC and NESV, to prevent the transaction being completed.

‘The independent directors consider the restraining order to be unwarranted and damaging and will move as swiftly as possible to seek to have it removed.’

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