fyds

Thanks as ever mate - nice bit of logic amidst the soul-searching and outright panic

for only £179 - and it was bed, not a sofa!

A change of ownership in effect, which would have to go via everyone - the board, RBS and the PL - which is why at least nominally, Gillett must still be in control of his own shares.

They have - more interested in attention grabbing headlines than the actual facts.

I don't believe it....I'm actually getting some work done

It's OK - I got it a*** about face anyway.

Good point - they would indeed be able to block it as the duly independent (and legally binding!) board quorum.

Don't see why not - the sale (which is what that would be) is fronted by the board and Broughton. If it was easy as just paying off the debt, then everyone who expressed an interest could have done that at any time without going via the board. If they owned 100% of whatever shares may be out there, that would make them de facto 'new' owners (although probably illegally) then RBS would have to deal with them directly. But - there's no substance in that for Hicks who wants his money - even if they are 'mates' Mill is no charity and won't throw it at him.

Works for me - they also have a track record you can examine closely and be mostly more than happy with.

Indeedy Might be

Were mot Hicks' shares turned into equity at the last refinancing at RBS' insistance?

The plot thins

You and Macedonian Red are spot on. The stadium must be sorted and a long term view to success taken.

He had to raid Minor's piggy bank and put his fat, ungainly arms down every single sofa to come up with that. On a serious note, that paltry $15k then does seem to indicate it's just about nuisance value.

This content is not viewable to guests.,This content is not viewable to guests.

This content is not viewable to guests.,This content is not viewable to guests.

Not quite - if RBS put us into 'administration', then they become our owners - they can then sell us on without interference to whoever they like for however much they like - almost certainly this would be NESV who they have been working with to conclude a sale along with the board. The only problem is the docked 9 points - however, given past assurances (and subsequent media confusion), it has to be conceivable that the PL would not dock us the points due to the unique and extraordinary circumstances that would occassion 'administration' happening. However - RBS will not cut G&H any slack, after the evnts of the last two days you can be damn sure of that. No, the sale may well go through anyway before Friday, in the interim to achieve this cleanly RBS, LFC, NESV, Martin Broughton and the jindividual directors will all work at getting the dumbest of dumb district circuit orders to reduce any possiobility of litigation down the line from the two tumours having even a scintilla of a sniff of success. They'll all play it by the book. Broughton as chairman had the contractual office to autorize a sale on a quorum vote of the board, so sayeth Justice Floyd. It's all crap, it will be dispensed with in short order. As NYR said - even if it gets to court, it's just a civil and not a criminal case with all that implies.

The only way they may do it is by talking with the PL first and citing extraordinary circumstances outside of the control of the board and forego the 9 pts deduction. That said, Like you I don't think they need to and what this is all really about is Hicks drowning.

It's complete and utter fluffy b****x - ignore it.

Nope. Broughton is acting for us independently as Cahirman of Liverpool FC - his role with BA is entirely seperate. RBSmay have dealings in Texas, but would most likely be via a US subsidiary, not the same group involved with us - not sure how that one works. Assets can't be frozen by ab interim injunction.

Well duh, we know that - Leo waswondering if they'd make it in person.

This content is not viewable to guests.,This content is not viewable to guests.

Hmmmmmmmmmmmmmmmmmmmmm Nope.

'I've got it! We'll kill the first born male in every household!' 'Hmmmm, na-a-h - too jewish!'

I doubt they would have been able to make it in time even if they were inclined to - a little over 8 hours from the verdict being read out? They'll have Olver and Co present etc I'd think - it's no coincidence the meeting of the reconstituted board will be held at the offices of Slaughter and May either - no-one's going to screw this up now.