It has finally happened. NESV have bought Liverpool football club for £300m. This is what has happened over the past day.
Hicks and Gillet had the restraining order lifted meaning that the club could be sold.
NESV had a £300m bid for Liverpool accepted by the board.
RBS rejected Hicks and Gillet's attempt to repay the money owed by Liverpool, of about £240m, to the bank.
Hicks and Gillet said they would stop trying to block the deal but would still be suing 1.6 billion US dollars for what they called 'epic swindle' in damages.
The deal went through and when faced by the media the New owner of Liverpool answered the question "what about Hicks and Gillet suing for £1b?" with a smile and said "only that much" giving, to me at least, the impression he is confident that he will beat the pair in court.
It comes as a big relive to Liverpool fans because the deadline to pay RBS was today and if the deal had not gone through then they would of gone into administration and suffered a nine point penalty. The owners are saying that they have the money to put Liverpool back on top. Talks of a new stadium even got called out by one excited news reporter but the Chairman quickly said that all they are focused on right now is bringing Liverpool back to the top of the English game.
It has been a twisty, bumpy ride that could still twist and bump but the matter is Liverpool are now owned by NESV and not Hicks and Gillet.
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