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H&G Lawyers: THIRD Bidder for LFC, £100m for new stadium

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According to BBC reporter Dan Roan on Twitter, there is a third bidder on the table, as well as Peter Lim’s and NESV’s bids for Liverpool Football Club. During High Court proceedings, Hicks and Gillett’s lawyer Paul Girolami QC is attempting to prove that Martin Broughton and the English board members failed in their duty to get the best offer for the club. He revealed that Mill Financial , who own George Gillett’s share in the club after he defaulted on a £75million loan owed to them, have offered the same amount as NESV as well as setting aside £100m for a new stadium. Dan Roan tweeted:

“H&G QC: Bid by Mill Financial (hedge fund who now own G’s shares) would pay off all debt and committ to 100m on new stadium.”

This comes off the back of Singapore businessman Peter Lim raising his offer to £320m for LFC today.

STELLA ARTOIS WORLD DRAUGHT MASTERS


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26 comments

  • pete says:

    Any organisation who has ANYTHING to do with Dumb and Dumber must not be allowed to take over the club. EVER.

  • Simon says:

    Mill Financial can stuff their offer up where the sun don’t shine

  • ste says:

    Ag-f*cking-greed.

  • Blindside says:

    No. There may have BEEN a third bidder but there cannot be any bidder as the club has been sold to NESV depending on the outcome of the “legality” of the board’s decision made last week. At this moment tyhe board is not looking for any bidders having already ( as far as they are concerned) completed their task. Until , say, an outcome from this hearing that negates the legality tyhen any so-called bid is irrelevant.

  • PlasmaGunner says:

    @Pete:

    “Any organisation who has ANYTHING to do with Dumb and Dumber must not be allowed to take over the club. EVER.”

    I’ll go one further, they should NEVER be allowed ANYWHERE near Football. Ever.

  • paul bishop says:

    tot agree wud rather c lim take over rather than a yank as its clear they av no clue abt the passion of the game (football) not soccer u yanks just stay over your end of the boarder

  • gaga says:

    That bid if it is to be believe is merely to try and sway the judges decision. There was only ever 2 bids and now the mysterious mill financial comes up with a bid. Hedge funds are all about DEBT plain and simple. LFC do not want any debt period. No club does.

  • Shankly'spirit says:

    did anyone kno anytin about dis bidder let us kno,d SPIRIT OF ANN OF ANFIELD IS PATIENTLY WATIN 4 DIS NEW THING DAT IS ABOUT 2 HAPPEN.YNWA,INWA.

  • Gremlins says:

    As expected. The ground of contention from the Yanks is that the board failed to consider the shareholders’ interest by not considering alternate offers.

    RBS & the board may lose.

    Nevertheless LFC will be sold except the winner could be any of the three.

  • King Kong says:

    Kirdi was the 4th bidder who offered 1 billion usd plus 500 million for players and 1 trillion for stadium. He will buy us via cashless transaction.

  • LFCDIEARD says:

    no more yanks!!!

  • reds says:

    hey peeps, you needn’t be so hard up on peter lim actually. As a singaporean myself, i can assure you all that we are not the kind who spend borrowed money. We are a lot more,responsible than you think. And i can also guarantee that peter lim has nothing to do with hicks and gillett.

    Furthermore, you don’t realise the potential lfc has as a brand in asia. Even manure cannot rival lfc in popularity here. Selling lfc to an asian will almost imstantly open up the vast asiatic market to the club.

    Lfc would then no longer need to rely on the wallets of its owners for squad development. It will be able to tap into its own revemue streams. Relying on the bank accounts of rich owners is unsustainable. Look at the blackburn situation.. after walkers died.. investment in the club also dried up.

    ywna

  • reds says:

    i guess the only downside it that he is a manure fan.

  • David says:

    It really annoys me when people say “I don’t want to see a yank take over the club” Just because one group of yanks were awful in the way they ran our club does not mean all yanks cant own a football team. For all we know our new American owners could be the best thing that happened to our club

  • Ben Ng says:

    Billionaire or not, there’s NO WAY a Manc supporter takes over the club. Lim should buy out the club he REALLY supports. How can a man who owns a couple of MU franchise in Singapore even consider buying Liverpool? Something smells fishy here.

  • shane says:

    just because peter lim owns some man utd franchises in singapore shows he’s a manure fan?

    pls remember, he is a shrewd businessman. do you expect him to open a westham or westbrom cafe?

    manure and liverpool are the two biggest names in asia and singapore, there is absolutely no doubt over that.

    take some time and think about it, & you’ll probably now you know why you aren’t as rich as mr peter lim yet?

    being shrewd in business aside, he has recently DONATED 10mio to singapore sports and i certainly wouldn’t envisage anyone who doesnt has any love for the sports to do that. 10mio is not a small sum by any means.

  • reds says:

    shane, he admitted himself that he was a manure fan. period.

  • Zaheed says:

    Every time the same story, Plenty of bidders but no one to buy the Club…..

  • PAUL COWARD says:

    I WOULD NOT TRUST PETER LIM HIS IS ABIT DODGY SINCE HE WAS CONNECTED 2 HICKS I WOULD GRAB HIM BY HIS LIMBS LIM FROM LIM.

  • hos says:

    all yanks out, only the sheikhs can solve the problem

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