LFC takeover one year on: How the High Court drama unfolded during Liverpool FC’s legal battle


High Court London

OCTOBER 12 2010:

RBS v Hicks and others hearing held in High Court.

The bank claim breach of contract, the owners claim board have not considered all offers for sale of the club.

Singapore businessman Peter Lim submits new £320m bid and pledges £40m for January transfer window.

Mill Financial, now the owners of Gillett’s 50% share in Liverpool, also express interest in purchase, claiming their offer would also include £100m towards new stadium.

OCTOBER 13 2010:

THE High Court grants injunctions that could open the way for the prompt sale of the club.

Tom Hicks and George Gillett’s plea to delay the hearing of an application by creditors Royal Bank of Scotland (RBS) for mandatory orders paving the way for a possible sale was rejected by Mr Justice Floyd, and the Americans were refused the right to appeal.

New England Sports Venture’s John Henry attends a Liverpool board meeting in London with the sale of the club set to go through.

Hicks and Gillett release a statement claiming a Texas State District Court “has granted a temporary restraining order” while also announcing intention to sue for £1bn.

OCTOBER 14 2010:

RBS return to High Court to challenge restraining order.

Mr Justice Floyd again rules in the bank’s favour, stating: “This case has nothing to do with Texas.”

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