NESV WILL WANT COMPENSATION IF DEAL IS NOT APPROVED

Friends Of Liverpool

It has emerged tonight that John W Henry will demand tens of millions of pounds if his deal is not rubber-stamped by the Liverpool board.
NESV insisted that it would defend its deal with the club and could sue for “tens of millions in damages” should it collapse through administration, the board deciding to sell to another bidder, or Hicks and Gillette being granted an injunction to prevent the sale.

“These could result in very substantial damages running into tens of millions of pounds,” said David Chivers QC, acting for NESV.

Hardly the sort of utterances we need to hear from our possible new owners, looking to sue the club before they even get to own it.
It casts John Henry’s takeover in a bad light before they even begin to run our club.
Let us hope that they are not another hard-balled owner of the club who are out to make a fast buck on Liverpool FC.
In any event, it is believed that the Liverpool board sanctioned the approval of their bid last week and that contracts may have been signed with NESV for the sale of the club.
Things are changing minute by minute so I really don’t know whats going to happen next.
Nice to see RBS respond to our email campaigns to get rid of Hicks & Gillette.