Wednesday, October 13, 2010

Purslow Declares Reds Back In Business

Liverpool Managing Director
Christian Purslow says it is “back
to business” after today’s court
judgement ruled in favour of the
and the Royal Bank of Scotland.
Current owners Tom Hicks and
George Gillett were told they did
not have the power to remove
Purslow and Commecial Director
Ian Ayre from the club’s board,
and so the board may sell the
club to who they wish.
Purslow said after the hearing at
London’s high court, “RBS were
granted a mandatory injunction
which effectively means that the
removal of Ian Ayre and myself
was not valid and the board is
exactly what it was before the
Owners sought to do that.
“We are absolutely delighted at
this result. We can now get back
to the business, as a board, of
looking after our football club
and that’s what we are going to
“We will consult with our legal
teams and will make further
announcements in due course.
But it’s back to business. ”
The board are expected to meet
early this evening to make a
decision on which bid for the
club to accept.
New England Sports Ventures is
expected to be named the new
owner of the club within days.

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