Wednesday, October 13, 2010

Hicks and Gillette on their way out! (Well, almost)

For the first time this season, Anfield Road's home team walked away with a resounding victory over its opponents. Only difference is that the victory was the off the field rather than on it but these days, as Liverpool fans will tell you, they'll take anything they can get. And this certainly was a much more significant event than the seven matches the Reds have played in the league this year.

More importantly, after nearly three years of boardroom tussles, mounting debt and general mismanagement, there seems to be a light at the end of the tunnel after the British High Court granted the Royal Bank of Scotland (RBS) and injunction against Tom Hicks and George Gillette from trying to block the sale of Liverpool to New England Sports Venture (NESV). Better yet was the judge's refusal to allow Hicks and Gillette to appeal the decision.

And so, this time around, Liverpool led by its Chelsea supporting chairman, Martin Broughton and other members of the 'home team', managing director, Christian Purslow, and commercial director, Ian Ayre, had collectively delivered the Reds what many would consider the club's best goal of the season. Even RBS seemed more of a member of the home team today rather than an overly eager and anxious debt collector.

So what's next?

In lieu of Peter Lim's 11th hour bid yesterday, Broughton and the rest of the board will meet later today to deliberate on the sale of the club and consult their lawyers to see if Lim's bid can be entertained at all. Chances are high Lim's proposal will be rejected as the club now has a binding agreement with NESV after it accepted the latter's bid last week. And just as well. The last thing Broughton needs to do is sell the club to a Man U fan.

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