Reds’ fate set to be decided

LIVERPOOL’s immediate future is set to be decided by Mr Justice Floyd in Britain’s High Court today after a day of twists and turns both inside and outside the courtroom.

Legal counsel spent the best part of five hours arguing the rights and wrongs of decisions made by chairman Martin Broughton and owners Tom Hicks and George Gillett.

During that time a new offer came in from Singapore businessman Peter Lim, while it emerged in court proceedings that Mill Financial, the hedge fund which now controls Gillett’s shares after he defaulted on a loan, are also interested in bidding for the club.