Hicks and Gillett in court setback

LIVERPOOL’S AMERICAN former co-owners have failed to overturn a London High Court order preventing them pursuing damages through…

LIVERPOOL’S AMERICAN former co-owners have failed to overturn a London High Court order preventing them pursuing damages through US courts over the sale of the Premier League club last year.

The judge ruled yesterday that while former partners Tom Hicks and George Gillett can file lawsuits seeking information in American courts, they must ask permission from a UK judge if they want to file any damage claims in their own country.

Hicks and Gillett pledged last year to use all legal means to secure damages of at least €1.2 billion over the sale of the club to John W Henry’s New England Sports Ventures for about €221 million.

The former owners called the deal “illegal” and “an extraordinary swindle” but the board went ahead and sold the five-times European champions last October, with the blessing of the major creditor, Royal Bank of Scotland (RBS).

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Hicks and Gillett said they had offered to pay outstanding debt to the RBS but that attempt was rejected.

Liverpool said they were delighted “the anti-suit injunction prohibiting the former owners from commencing legal actions against these parties (former Liverpool chairman Martin Broughton, RBS and NESV) outside the EU has been upheld and clarified”.

“Sir Martin, RBS and NESV continue to maintain that there is no basis to challenge the propriety or validity of any actions by them or any of those involved on their behalf in the sale of the club,” Liverpool said in a statement.

RBS said it was “satisfied with the ruling”.