RBS takes out injunction to keep Liverpool board in place

THE Royal Bank of Scotland (RBS) has obtained an injunction preventing Liverpool owners Tom Hicks and George Gillett from sacking independent chairman Martin Broughton or any other board members ahead of today’s court case.

RBS is the club’s main creditor, having lent Americans Hicks and Gillett the money to buy the club in March 2007, and is claiming in the High Court that the pair breached their agreement by trying to replace managing director Christian Purslow and commercial director Ian Ayres on the board last week.

The outcome of the case should decide Liverpool’s immediate future, with the club’s board having agreed to a £300 million (€343.3m) offer from New England Sports Venture, against the wishes of Hicks and Gillett.