The judge in the High Court case involving Liverpool has made it clear that there is unlikely to be a resolution by Friday. Counsel for Martin Broughton said that the club were desperate to get matters resolved by then, but the judge said that would be a ‘little ambitious’. Taken out of cautious legal code, this means it’s not on.
The judge in the High Court case involving Liverpool has made it clear that there is unlikely to be a resolution by Friday. Counsel for Martin Broughton said that the club were desperate to get matters resolved by then, but the judge said that would be a ‘little ambitious’. Taken out of cautious legal code, this means it’s not on.
The ball is now with the Royal Bank of Scotland (RBS). Provided that they do not put the club into administration, it appears that it would have until 1 November to do a deal with New England Sports Ventures (NESV). There is always the possibility of an out-of-court settlement if NESV tweaked their offer to make some money available for Hicks and Gillett.
RBS are unlikely to want to put the club into administration if they can avoid it because of the bad publicity such a move would attract. Contunuing uncertainty will not help on the pitch, though, with the derby with Everton coming up this weekend.