Liverpool ownership battle moves to the court
China Daily | Updated: 2010-10-13 08:10
Singapore billionaire Lim plans to make an improved takeover bid
LONDON - The legal battle to force Tom Hicks and George Gillett Jr to sell Liverpool to the Boston Red Sox parent company reached London's High Court on Tuesday, while a Singaporean billionaire is ready to announce an improved bid for the soccer team.
The court hearing takes place exactly a week after Hicks and Gillett tried to oust two board members to prevent them sanctioning a 300 million pound ($476 million) sale to New England Sports Ventures, which the co-owners claim undervalued the club.
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