Hus

Thats what i think, agree they should listen to the bid but as we were already in default I would hope that stengthens there case for us accepting what was on the table. As you have said MF may have indicated they wanted to bid but unless it materialises

And breathe....this is making me really nervous If there was a MF bid and it was submitted at the same time or prior to the NESV & LIM ones, as long as it was considered and rejected we should be ok or If there was a MF bid and it was submitted at the same time or prior to the NESV & LIM ones, and it wasnt considered or assessed properly i think we could be screwed - please no or If there was a MF bid and it was submitted after the NESV & LIM ones, and after the NESV one was accepted we should be ok or If there was never a MF bid but there was an expression of interest, which wasnt followed up with a bid prior to or at the same time as the NESV ones we should also be ok imo My thoughts - not as clear cut, i I am going with the last option as it would appear there was no MF bid lodged when the decision was made to accept the NESV bid

Yes thats also why MB said in all his interviews that he informed them it was going to take place and did they want to attend...they said no but Gillette had his lawyer there

Yes that could work (As i start to clutch at straws around me), if Mill Financial had just expressed an interest but not followed it up with a bid prior to the NESV / LIM bids being lodged. The BoD can only accept what is there in front of them, they couldnt risk the asset on a expression of interest imo. If the proposed meeting was due to happen after the NESV bid was accepted then we should be ok Yes i am in my "happy place"...

If the Mill Financial offer was made after the sale to NESV was confirmed then its b****x, if it was made prior and not given proper attention - even to rule it out i am seriously concerned Any ideas when the bid was made, was it after the deadline,

Yes but the main issue imo is about the Mill Financial one, the LIM one was submitted and his counter offer only made the NESV bid was accepted - Lims latest offer can be discounted, he was part of the sales process and was rejected. It all comes down to the Mill Financial offer

Sure i agree but if Hicks can prove that a bid was not considered - how can it be a valid sales process?

danroan Dan Roan H&G QC: Bid by Mill Financial (hedge fund who now own G's shares) would pay off all debt and committ to 100m on new stadium Thats hicks card right there imo

That wasnt reported anywhere before - could it be that they didnt lodge a formal offer, or they were dismissed out of hand

12.34pm: Back to court: "Representative for Hicks and Gillett claims case against them paints 'misleading picture of the issues'. This case is not about, he says, the owners trying to maintain their ownership of the club. They accept reality that their ownership will shortly come to an end. It's also not about owners trying to put spanner in the works regarding a sale. The owners accept that some sort of sale will have to occur. They are not intent on stopping sale to NESV. The owners' issue is that the board did not properly enter into the NESV agreement in that the directors did not properly consider alternative offers and so it is they who are in breach of the terms of the sale agreement with RBS." This just confirms all the crap from Lim - definitely a Hicks lacky

What a load of rubbish - two bidders, one ruled out...

Now if we could just speed up the stadium move so he cant find his way back - if Carlsberg did manager sackings...

Sounds like they are getting more and more screwed by the minute tbh

Its gone all quiet phones must be off

But even Lim's bid wont make them money, just reduce there losses

Yep, i am struggling too

I refuse to believe this is going to be simple/easy done and dusted quickly. Hicks will be trying everything i am sure

I am feeling quite nervous now, sounds like there could be a decision today

RobHarrisUK Rbs: hicks offers no defence to breach of contract claim

Surprisingly quiet so far

pkelso #LFC hearing should start 11.30am. Hicks will table a counter-application, not sure what it is I would assume thats Hicks objections etc

From the Guardian: 10.31am: The word is that the Liverpool case will be the third to be heard in court 16 this morning. So, of course, when it actually happens is dependent upon how long the preceding cases take. Will find out what those cases are.

Its been confirmed that the case is due to be heard tomorrow at the High Court of Justice - any time after 10:30 About 17:00ish reports surfaced that the other bidder a guy from Singapore - surname Lim, est worth $1.6 billion was going to come back with a better bid and tried to rubbish the NESV bid, talking about debt on the club. Sounds like a last throw of the dice by Hicks...the bidder from Singapore seems v dodgy...made his money from a number of Man Utd bars in Asia.

WTF - as others have said, sounds like Spin from the Hicks camp to me or something to that effect. The board have already agreed to sell to NESV - paperwork signed, if they were to go back on there agreement that would open us up to legal challenge from NESV i would think!