Liverpool are going to the High Court today hopefully to resolve this takeover matter.
Last night the Royal Bank of Scotland won a case against Hicks and Gillet meaning that the Liverpool owners can't fire anymore board members. What they have been doing to my understanding is getting rid of the people who will have a say in the future of the club and bringing in people who will back them up in court.
It is has reached the point that I think every Liverpool fan feared. Administration is looming and if this deal doesn't go through a nine point penalty will be granted.
If Liverpool do get a nine point deduction they would sit rock bottom of the league table with -3 points. They would be 8 points off West ham and Wolves in 19th and 18th and probably more scarily for the red half of Mersyside 9 point off their Rivals Everton, who no doubt are loving this more than ever. It would also most certainly be the end of any chance of finishing in the top 4 because they would be 14 points off Arsenal who currently hold that spot and even though the Gunners have lost a few games I don't see them dropping 14 points. Or any of the teams in the top 4 for that matter. Mabye you could hope that City would, but the place in the top 4 would surely be snapped up by Spurs.
But don't lose faith the deal could still go through.
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