2010 Takeover
As Liverpool were on the verge of bankruptcy their creditors, including Royal Bank of Scotland, took Gillet and Hicks to court to allow for the resale of the club. The High Court eventually ruled in favour of the creditors and paved the way for a sale of the club to New England Sports Ventures, although Gillet and Hicks still had the option to appeal the verdict.
Read more about this topic: History Of Liverpool F.C.
Famous quotes containing the word takeover:
“A poet is a combination of an instrument and a human being in one person, with the former gradually taking over the latter. The sensation of this takeover is responsible for timbre; the realization of it, for destiny.”
—Joseph Brodsky (b. 1940)