Diaby does Gallas

And some more of the judges desicion: The Boston-based company bought the club after repaying a ?237 million loan Hicks and Gillett took out with RBS and Wells Fargo. Mr Justice Floyd, in his ruling, said the sale of Liverpool came about because of Mr Hicks and Mr Gillett's indebtedness. As the repayment date for the loan approached Broughton arranged a board meeting last October to consider two offers, both of which were opposed by the former owners. The US pair purported to remove some of the English directors of the club and replace them with their own men but Broughton went ahead with a board meeting with the original directors and accepted the offer from NESV. Hicks and Gillett then sought a temporary restraining order in Texas "expressly aimed at stopping the sale" according to Mr Justice Floyd. It was at that time he allowed an anti-suit injunction "on the basis of what appeared to me to be the unconscionable conduct of the former owners in seeking to undermine the English proceedings". Of his decision not to discharge the anti-suit injunction, he said: "The reality of the situation is that the former owners have already started two sets of proceedings and openly asserted their intention to start more. "They will undoubtedly start more proceedings if allowed to do so. There is a real threat that those proceedings will be in the United States. "I still find it difficult to imagine what possible real connection such a claim would have with any jurisdiction in the United States. "The disputes concern an English asset, duties owed by English directors under English law to English companies, and corporate governance arrangements governed by English law. "I think the time has come when they need to state their case or accept that they do not have one."

Here is the reason why Hicks has basically no chance of winning a case against the RBS et al. From a coporate lawyer: * He can sue for damages in the UK. * He CANNOT sue for damages in the US. * He can enter into proceedings in the US to support any claim he may present before UK courts. For example, proceedings to produce evidence. Also, within the scope of a lawsuit in the UK, he can initiate proceedings in the US to seize RBS assets in the US to ensure payment of any damages he may win or be about to win in proceedings before a UK court. Things like that. Basically, hes screwed. Very unlikely hell win in the UK, as there is an actual court ruling stating that the sale was legal and that in fact it was him who acted recklessly to stop it by illegal means.

update. What actually happened was the judge just clarified the judgement he handed out in October. He said he NEVER stopped Hicks from suing RBS, but he said that should he wish to SUE RBS in the USA then he would have to do it by first going through him at the High Court in London. So in effect RBS, Sir Martin Broughton, FSG and the former LFC board members were victorios as the anti suit injunction still stands.

Former LFC owner Tom O'Hicks has won the right to sue RBS in the USA over sale of LFC.

There has been rumours doing the rounds that clubs will find a way around the new fair play rules, and it is true that the rules aren't as stringent as UEFA wanted them to be. The clubs are very powerfull and they twisted the arms of UEFA that got them fair play rules that were still more favorable to them. The thing is though FSG bought LFC on the back of financial fair play comming in, so FSG will be prepared to take legal action against any clubs that aren't playing ball.

?300,000 per week isnt paid by any team for any player, I think C Ronaldo at Real Madridis on about ?250,000 but the average top player in the prem is on about ?150,000. They also have a lot of their tax paid for by the club so you may actually be correct when you say ?300K per week. thing is though Football as a business model in Europe is a bit of a dodgy business, you may have noticed that the earnings for the football teams in Europe was released last week. And while teams like Real Madrid brought in ?350 million, they will probably be making a loss, or very nearly a loss. There are new rules being brought in though called financial fair play, which will mean teams cannot spend more than they earn.

Surely to god though, if you was having to buy your baseball players from other clubs then the mean wage of the players would go down by a fair amount. I do accept though that having high wages doesn't neceseraly mean you will have a better team, just look at Portsmouth in the EPl, they hugely over paid their players to the point they went bankrupt, and still got relegated. As for the sports model you have in the US where as you have no promotion and no relegation and you get players from a draft, which means there isn't the competition that you get in European football, would you rather stay with your current system or change it to the one we have? Just seen it is the Boston Celitcs that are your local team, I thought they were a NY team a long with the Knicks.

To my knowledge sports stars in US based sports especially the NBA are the highest paid sports stars in the world even though you have wage caps in place. Not being funny or anything, but football or Soccer is a much bigger sports world wide and has many times more people watching the any of the American based sports, but the wages paid falls short of the wages of their American counter parts. The only reason I can think that American sports stars get paid more is because in the USA you have a draft and as such you aren't having to spend huge amounts of money buying players, so as such you can afford to pay your sports stars much more. Is this correct that you pay more in wages as you have a draft, and would you rather have a draft system which seems to make your sports a more even playing field or would you rather have a Football / soccer system where you can buy who you want providing the player want to go there, and you can afford him. PS I have been watching the NBA on ESPN in the UK, and I do really enjoy it, what NBA team is from Boston, and are they any good? Regards AF

It is a large sum of money and is over the odds, but there is little risk to LFC, the only risk being he gets a career ending injury. LFC sold Torres who was earning ?110K per week, for ?50 million, and they also sold Babel for ?6 million. With that money they bought Carroll for ?35 million as well as Suarez for ?23 million. The combined wage of these two will not be much more and could even be less than what both Babel and Torres was earning. Torres could flop at Chelsea and because of his age he will not have any sell on value, so Chelsea are taking a huge risk with him. LFC however are just using the exact same money they got in for 2 players to buy 2 more players which do make LFC a better team, LFC have only spent ?2 million for these 2 transfers. Carroll has the potential to become a very good player and could justify his price tag, but if he doesn't he is still a low risk buy. If carroll flops at LFC, the club could sell him on for say ?20 million easily and then he has only cost ?15 million, which isn't a huge amount in football these days.

This is where Hicks got the idea from for the $1.6 billion youtube.com/watch?v=jTmXHvGZiSY if you put the W's before then you willsee the point.

Greetings from planet Liverpool Red Sox fans! I was only planning on reading this thread and didn't intend on posting when I first logged onto the site. However after this message of the mod's and then the football fans trying their best to prove that we are all really quite pleasant but all there is is bickering I just had to post something as it made me laugh. Then there was a warning about if football fans want to come here then thats fine but there shall be no fighting etc. now that realy did make me laugh. However the reason I have posted is too just inform you that the storys about football fans in general are only relavent to a very small minority of fans. All clubs all over Europe will have a small minority who do not represent the majority of football fans. Football hoolaginism is a thing of the past, as in the 1980's, the rest of the morons that like to cause trouble are as I said in a very small minority. There seems to be a number of posters on this forum who seem to want to insult the Sox fans, but I can assure you that these people will most probably not be LFC fans, if they are then I apologise and assure you they are very few and far between. While I am here I would just like to say that when / if the deal goes through that maybe we can have a good amable relationship between both sets of fans.