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Injunction stalls Liverpool FC takeover

eNewsletter
align=justify>The sale of Liverpool FC has been delayed after owners Tom Hicks and George Gillett obtained an injunction to prevent New England Sports Ventures taking control of the club.

The club’s success in a High Court battle on Wednesday paved the way for the deal to be concluded but the latest move from the current owners has stalled any takeover.

A statement on the club’s official site said:  “Following the successful conclusion of High Court proceedings today, the Boards of Directors of Kop Football and Kop Holdings met tonight [Wednesday] and resolved to complete the sale of Liverpool FC to New England Sports Ventures.

“Regrettably, Thomas Hicks and George Gillett have tonight 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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