Liverpool owners lose court battle

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The High Court on Wednesday granted injunctions that could open the way for the prompt sale of Liverpool.

The club's owners Tom Hicks and George Gillett asked a judge to delay the hearing of an application by creditors Royal Bank of Scotland (RBS) for mandatory orders paving the way for a possible sale this week. But the plea was rejected by Mr Justice Floyd, sitting at the High Court in London.

At RBS's request, the judge imposed injunctions on the two men requiring them to restore the original constitutions of the companies and managing directors.

This removes the final stumbling block to a £300million takeover by New England Sports Ventures (NESV), which will see the RBS recoup its original £237million loan to Mr Hicks and Mr Gillett when they bought the club in March 2007.

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