LONDON — Liverpool owners George Gillett and Tom Hicks lost a legal bid to block the sale of the club on Wednesday, clearing the way for a takeover of the English football giants.Lawyers for Gillett and Hicks had on Tuesday argued for more time to find a better offer than the 300-million-pound bid tabled by US-based New England Sports Ventures (NESV), the owners of the Boston Red Sox.
On Monday Singapore businessman Peter Lim made an improved offer of 320 million pounds (507 million US) plus 40 million pounds (63.4 million US) for investment on players.Full story
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