Singapore Billionaire bids for 'Pool

by The Rumor Monger
(Cyberspace)

In the latest twist to the Liverpool sale saga, Singapore billionaire Peter Lim is believed to be preparing an improved bid for the club.

Lim's previous bid was rejected in favour of the offer from New England Sports Ventures, but he is now ready to up the stakes as the battle for the Anfield club heads for the High Court on Tuesday.

The sale to NESV has already been approved, but current owners Tom Hicks and George Gillett dispute its legality, and are attempting to prevent it from going ahead.

Should they succeed, it is likely the club will be placed in administration and suffer a 9-point penalty in the Premier League. NESV have already indicated that they will walk away if this happens, but Lim would still be ready to buy the club.

Meanwhile, Liverpool's major creditor, Royal Bank of Scotland, have won an interim injunction preventing Hicks and Gillett from firing chairman Martin Broughton and two other board members.