Wtf. So so corrupt. The same people who gave us the point deduction decides this. 40m! Meanwhile Chelsea only got fined 10m for their clear beach of rules and clear sporting advantage.
Does this go towards our PSR?
Does this go towards our PSR?
The route to the US courts were set by Hicks and Gillett.
"On a day of legal wrangling on both sides of the Atlantic, a British High Court judge granted an injunction against co-owners Tom Hicks and George Gillett Jr., ordering them to withdraw their legal action in a Dallas district court"
"A Texas court has granted a temporary restraining order stopping the sale of Liverpool Football Club, owners Tom Hicks and George Gillett have claimed.
It comes hours after the American pair saw their challenge against the club's sale thrown out by the High Court.
Hicks and Gillett issued a statement as the Liverpool board met to ratify the sale to New England Sports Ventures.
In reply, the board vowed to "move as swiftly as possible to seek to have it [the restraining order] removed".
The club's statement continued: "Following the successful conclusion of High Court proceedings, the board of directors of Kop Football and Kop Holdings met and resolved to complete the sale of Liverpool FC to New England Sports Ventures.
"Regrettably, Thomas Hicks and George Gillett obtained a Temporary Restraining Order from a Texas District Court against the independent directors, Royal Bank of Scotland PLC and NESV, to prevent the transaction being completed".
"We buy and sell companies for billions every day of the week, but they are not high profile or glamorous, but because of this – the hostility from the fans to the previous owners, the fight they had to stop it happening, and going to court every day – it was very, very unusual and I don’t think any of us had experienced it before or since."
“I think the issue for us was ‘how do you deal with this in a timeframe that still enables us to get it done Friday evening?’” adds Efstathios. “The initial thought was we would have to go to Texas to deal with this, which would have been tricky. We came up with the view that we would try and get an anti-suit injunction in England.
"It was desperate from Hicks and Gillett but at the time, it was quite a big spanner in the works. It wasn’t straight forward how we were going to get around it. We were all pretty relieved when we did.
“What we got was a real sense that Martin and Christian wanted to do the right thing, because I think it would have been easy for them to think that it was getting out of hand.
"They were getting threatened with all sort of things and by the Thursday morning with the board meeting the night before, even though the injunction was in place, we knew they could have been in contempt of the Texas court.
“So I think there was a steely determination not for any other reason than this was the right thing to do. It would have been quite easy for them to be spooked with the threats that were flying around and actually what they did was did the right thing and I thought they were very professional about it.”
Blue peter
Player Valuation: £40m
Maybe just saying I don’t think it will happen. I see it being broadly reduced similar to what happened with the points.
I think your right, Maybe its a Machiavellian plot which results in a break away from English football, a slimmed down league and a place in the new European super league, which hasn't gone away.
Maybe they will use all this to say "we want football to return to just that, all this government interference is diluting the game, come on you 6, villa and Newcastle" and they'll trot off into the sunset, while the rest of us watch from behind the fence.
(Might have got carried away there)
Don't we have some sort of arrangement with a law firm?
That would be covered by the 'contract dispute' part I mentioned.
They see coming down hard on a mid level club like Everton as a way of showing they are serious about governance and can run the game properly
Yet somehow fail to see the total lack of consistency and fairness compared with how they act towards the so called bigger clubs.
Needs to become PM first.
coollino
Player Valuation: £80m
He's been swayed by £40m a few times before....
They moved pretty gosh darned quick about two weeks ago when spy-gate landed and boro thought they had a case.
"The Appeal Board added that the IC (......): "did not in terms say that the inference was irrebuttable; but, in any event, there was no evidence to rebut the inference." In short, even Everton did not make this argument when it had the opportunity. As such, the idea of sporting advantage looks well entrenched in this case".
The 'well entrenched in this case', can easily become unentrenched as it was Moshiri that didn't challenge this, 'sporting advantage'. Our new owners will wipe the floor in a court of law with that argument. Any Premier League football issue will invariably end up in the courts, and more likely US courts, seeing that most of the owners are American, which also runs FIFA and therefore world football. The start of this was the shambles at lfc, which ended at a Texan court, even though the UK courts gave a ruling on ownership/selling the club, which was initiated to stop them going into administration.
Any wrong decision by the ref., VAR officials can automatically give other teams a sporting advantage, and could end up in court. A 'sporting advantage' is also gained by tapping up youth players from other teams or hacking the computers of other clubs (lfc both) and selling players for millions that is then invested in other players.
How far our owners are prepared to take this issue on, may very well determine how long the Premier League lasts in it's present format. Or maybe they'll be offered a behind the scenes deal.
This decision has opened a can of worms.
On this point the reason Chelsea was given such lenient outcome, was because it was the previous owners who had committed the perceived issues and therefore the new ownership couldn’t be punished for the sins of previous?? Am I right in thinking that??
Because the same is true with us, different owners and yet that again hasn’t been applied.
They absolutely love giving Everton a kicking. Even more insulting is they have done nothing with City in the same time they’ve bummed us to death!
It shows you how badly mismanaged Everton were. They thought they were in compliance and wanted to bank the fee for the next rolling 3 year period.
That's the irony of this all, these buffoons weren't even attempting to gain a sporting advantage. They were just so bad at their jobs that the club is still paying for it years later.
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