Texan court order to stop Liverpool sale – owners

(GSM) – Liverpool owners Tom Hicks and George Gillett have issued a statement in which they claim that a Texan court has issued an order to stop the sale of the club.

The statement added that Hicks and Gillett are reportedly seeking over £1 billion in damages, claiming that the deal undervalues the Reds by several hundred million pounds.

The legal action in Texas was signed by Judge Jim Jordan of the 160th District Court in Dallas and is part of a lawsuit filed by the Anfield club’s American owners against the Royal Bank of Scotland, Martin Broughton, Christian Purslow, Ian Ayre, NESV and Philip Nash.

The statement will certainly trigger a debate over whether the previously-mentioned restricting order has any power to stall the deal.

The announcement was made only a few hours after John W Henry, the man whose company is hoping to complete a deal to buy Liverpool football club, landed in the English city for a meeting with the club’s board after a High Court ruling earlier in the day paved the way for the club’s sale.