J
Jiang Wei
Guest
Published: Wednesday October 13, 2010 MYT 6:01:00 PM
British judge rules against Liverpool owners, clearing way for club's sale
LONDON: A British judge has ruled against Liverpool's owners, in a decision that brings the club a step closer to being sold to the owners of the Boston Red Sox. High Court Judge Christopher Floyd ruled Wednesday that American co-owners Tom Hicks and George Gillett Jr did not have the power to oust the boardroom rivals who sanctioned the sale.
The board agreed last week, against the wishes of Hicks and Gillett, to sell the debt-ridden club to New England Sports Ventures for 300mil pounds (RM1.47bil). The current owners claimed the price undervalued the club and Liverpool should consider other offers. The three club directors who approved the sale may still have to return to court to obtain an order authorising the deal. - AP
