A judgement on Liverpool Football Club’s court case between the Royal Bank of Scotland and Tom Hicks will be given at 10.30am on Wednesday morning, it has been confirmed.
In a frustrating but dramatic day in the high court for the club, it did look as if the case could spread out for weeks – much to the frustration of fans and RBS, who are looking for quick closure on the debacle.
The RBS told the court that Hicks and others acted unlawfully when they tried to remove Christian Purslow and Ian Ayre from the board of directors last week.
When Hicks claimed that he hadn’t been in the meeting which agreed to sell the club for £300million to NESV, Martin Broughton’s QC said Hicks’ lawyer had been on the phone – making the meeting legitimate.
Hicks claims that the board did not seriously consider other offers for the club, with two other offers still on the table – from Singapore billionaire Peter Lim and Mill Financial.
However, Broughton said over 130 investors had been contacted in the selling process.
Read back our text commentary of the day for the full dramatic story.
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