Reds: Restraining order is 'unwarranted and damaging'

Liverpool’s directors have resolved to sell the club to New England Sports Ventures (NESV), but must first overcome a restraining order they believe to be “unwarranted and damaging”.

Having earlier won a resounding victory in the High Court, where Mr Justice Floyd ruled current owners George Gillett and Tom Hicks did not have the power to reconstitute the board and block its preferred deal going ahead, Liverpool’s board met with NESV’s John Henry in London.