Thursday, October 14, 2010

NESV Prepared To Wait To Buy Liverpool

Liverpool's prospective new owner NESV is prepared to wait to conclude its £300m takeover of the club.

The purchase was delayed on Wednesday after current owners Tom Hicks and George Gillett gained an injunction.

But having earlier won a High Court battle to seemingly confirm the deal, NESV chief John Henry is set to wait.

"He is prepared to wait for the order to be lifted. Sources tell me he has binding agreements," BBC sports editor David Bond said.

Hicks and Gillett gained the injunction in a Texas court only hours after their bid to prevent the £300m sale to NESV had been thrown out by the High Court.

The petition, in which they describe the sale as an "epic swindle", is due to be heard on 25 October, though Bond suggested that those wanting to push through the deal - NESV, Liverpool's board and the club's creditor Royal Bank of Scotland - will aim for a swift resolution.

"RBS is likely to try to push through the deadline," added Bond.

"There are meetings going on between lawyers, especially RBS's lawyers, about what they do next and the feeling is they want to put pressure back on Hicks and Gillett to allow this deal to go through."

No comments: