That one's over. RBS has won the case, and Hicks did not have legal right to modify the board in any way. While there's more to come, right now that seems to mean that the 3-2 vote in favour of selling to NESV would hereby be legitimate and legally binding would it not?
Either way Mr. Lim, bad timing....and how would it be a better deal for RBS and Hicks? If they allow the team to go to administration, the bank can collect more as they are the "owners". If they don't, the bank is only entitled to the balance of the loan + interest and all that are they not? I suppose one of the parties can potentially benefit. However, with the latest, it seems that the NESV deal can be considered "officially" approved.....Christ I just want this to end.
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"Correction, it's not your leg son. It's Liverpool's leg" - Shankly
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