A British High Court judge ruled against the American owners of Liverpool Football Club Wednesday in their bid to stop the team's sale to a U.S. group.
The judge said Tom Hicks and George Gillett have no right to veto the sale and refused their right to appeal.
Hicks and Gillett had gone to court Tuesday to fight the team's acquisition by New England Sports Ventures, the owners of baseball's Boston Red Sox.
The club's board approved the deal last week without the consent of Hicks and Gillett as a way to rescue the club from its financial problems and put it back on a winning path.
Hicks and Gillett, however, said through their lawyers that superior offers had been on the table and were not chosen. They have said they feel the offer by NESV does not match their valuation of the club.
© 2012 Cable News Network. Turner Broadcasting System, Inc. All Rights Reserved.
| Advertising practices | Advertise with us | About us | Work for us | Help
They shld juss sell the club they're probably the worst football adminstrators to ever own Liverpool.
lets just sell the club and get back on track where we should be at the top
Thnk God that the case has bn settld we wil now walk and never to stumble wth the NESV taking over the club.4LFC fans out there Wil Never Walk Alone.
i know that things will be better now for the best team in the EPL..
GO LIVERPOOL
Keep it up Hicks, 3rd division here they come haha, serves them right!
Glad to see my MLB team buy my football club. LFC Ottawa and LFC Toronto. YNWA