{"id":518,"date":"2010-10-13T01:10:00","date_gmt":"2010-10-13T00:10:00","guid":{"rendered":"http:\/\/www.friendsofliverpool.com\/2010\/10\/13\/nesv-will-want-compensation-if-deal-is-not-approved\/"},"modified":"2017-02-09T15:48:10","modified_gmt":"2017-02-09T15:48:10","slug":"nesv-will-want-compensation-if-deal-is-not-approved","status":"publish","type":"post","link":"https:\/\/www.friendsofliverpool.com\/2010\/10\/nesv-will-want-compensation-if-deal-is-not-approved\/","title":{"rendered":"NESV WILL WANT COMPENSATION IF DEAL IS NOT APPROVED"},"content":{"rendered":"
It has emerged tonight that John W Henry will demand tens of millions of pounds if\u00a0his deal is not rubber-stamped by the Liverpool board.
\nNESV insisted that it would defend its deal with the club and could sue for \u201ctens of millions in damages\u201d 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.<\/p>\n
\u201cThese could result in very substantial damages running into tens of millions of pounds,\u201d said David Chivers QC, acting for NESV.<\/p>\n
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.
\nIt casts John Henry’s takeover in a bad light before they even begin to run our club.
\nLet us hope that they are not another hard-balled owner of the club who are out to make a fast buck on Liverpool FC.
\nIn 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.
\nThings are changing minute by minute so I really don’t know whats going to happen next.
\nNice to see RBS respond to our email campaigns to get rid of Hicks & Gillette.<\/p>\n","protected":false},"excerpt":{"rendered":"
It has emerged tonight that John W Henry will demand tens of millions of pounds if\u00a0his deal is not rubber-stamped by the Liverpool board. NESV insisted that it would defend its deal with the club and could sue for \u201ctens of millions in damages\u201d should it collapse through administration, the board deciding to sell to […]<\/p>\n","protected":false},"author":15,"featured_media":2245,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\n