Tom Hicks landed himself a temporary restraining order in a Texas district court tonight to prevent the sale of LFC to RBS.
The district court came hours after the High Court in London allowed the sale to proceed.
In the case Tom Hicks described LFC’s proposed sale as
an epic swindle
Hicks’ case goes on to attempt to countersue RBS, Liverpool’s board and NESV for $1.6 billion in damages. The Texan court has no jurisdiction over UK law, however both NESV and RBS do business in Texas.
Liverpool FC released the following statement:
Following the successful conclusion of High Court proceedings today, the Boards of Directors of Kop Football and Kop Holdings met tonight and resolved to complete the sale of Liverpool FC to New England Sports Ventures.
Regretably, Thomas Hicks and George Gillett have tonight 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.
The independent directors consider the restraining order to be unwarranted and damaging and will move as swiftly as possible to seek to have it removed.
A further statement will be made in due course.
