Boston Red Sox Buy Liverpool: 144 Million Reasons Why Hicks, Gillett Want To Stop Sale
Though Martin Broughton has said Liverpool's sale to New England Sports Ventures (NESV) will go through, current owners Tom Hicks and George Gillett have 144 million reasons to keep fighting the sale. That fight, which will play-out in court over the next week (with Broughton seeking a declaratory judgment approving the sale), is the only way Liverpool's owners can save themselves from taking a bath on the sale.
According to the Guardian, the proposed £300 million sale to NESV would see Hicks and Gillett lose £144 million on their Liverpool investment. That figure stems from loans the two owners have made to the club, loans that would go unpaid under the agreement between Liverpool and NESV.
In This StoryStream
Last Days Of Hicks And Gillett: Restraining Order Withdrawn, Soon-To-Be Former Owners Left To Pursue Damages
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Oct 15 Liverpool Sale Saga, Continued: Hicks, Gillett Withdraw Restraining Order
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Oct 6 Boston Red Sox Buy Liverpool: 144 Million Reasons Why Hicks, Gillett Want To Stop Sale
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Oct 6 Boston Red Sox Buy Liverpool: Club Wants You To Know Jamie Carragher Supports The Sale
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Oct 6 Red Sox Buy Liverpool, Video: Martin Broughton Talks About Getting NESV Approved
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Oct 6 Red Sox Buy Liverpool: New England Sports Ventures Confirms Accepted Bid, Issues Statement
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