WikiLeaks: RBS Board Accused Of 'Failures'
14 December 2010 10:05
...never questioned the purchase of Dutch bank ABN Amro - a transaction which occurred "at the height of the crisis and without RBS doing proper due diligence". This amounted to a "failure of their fiduciary responsibilities", Sir Philip is said to have claimed,...
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Ex-RBS Boss Sir Fred Goodwin Escapes Sanctions
2 December 2010 11:29
...controversial former head of Royal Bank of Scotland of any wrongdoing over the near-collapse of the bank. Sir Fred Goodwin headed RBS for eight years until his resignation in 2009 After an 18-month long investigation into RBS , the Financial Services Authority...
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Markets Cautious About Ireland's Bailout
29 November 2010 10:21
...Portuguese yields have decreased but remain over 7%. UK banks tied to the Irish market emjoyed an early share surge: Royal Bank of Scotland (RBS) shares were up almost 4% upon market opening however that growth now stands at only 0.6%. Lloyds TSB had seen...
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Accounting Charges Wipe Out RBS Profits
5 November 2010 10:40
...Sky's City editor Mark Kleinman said: "It's not often you can say a £1.4bn loss is an improvement. "But in the case of RBS, this figure does show signs the bank is making progress in its restructuring programme." He noted the numbers had been "skewed" by the...
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ABN Amro: Madoff Trustee To Claim $270 Million From RBS, Not ABN
10 December 2010 01:38
...owned by ABN Amro Holding, the former Dutch banking giant that was bought and split up by a consortium of banks, including RBS. A spokesman for RBS said the bank, which is 83% government-owned, is aware of the action and "will vigorously defend its position."...
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Bain No Longer In Exclusive Talks For RBS' Priory - Sources
8 December 2010 01:35
...than 50 care homes for older people and children with special needs across the U.K. This auction isn't the first attempt by RBS to divest the Priory. In 2009, the Priory sought to merge with care operator Four Seasons when the latter, in which RBS was also...
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FSA Probe Clears RBS Chiefs
2 December 2010 10:37
...purchase and in capital raisings made in 2008 to shore up its balance sheet. On Thursday, the agency said the review confirmed RBS's errors, including buying ABN Amro and the expansion in investment banking. But it concluded that "these bad decisions were...
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RBS Picture Gallery
15 October 2010 05:42
LONDON, ENGLAND - JANUARY 27: (L-R) Ireland Captain Brian O'Driscoll, Wales Captain Ryan Jones, England Captain Steve Borthwick, Italy Captain Leonardo Ghiraldini, Dimitri Szarzewski of France and Scotland Captain Chris Cusiter pose with the RBS 6 Nations trophy at the RBS Six Nations Launch at The Hurlingham Club on January 27, 2010 in London, England.
Getty Images

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LONDON, ENGLAND - JANUARY 27: (L-R) Ireland Captain Brian O'Driscoll, Wales Captain Ryan Jones, England Captain Steve Borthwick, Italy Captain Leonardo Ghiraldini, Dimitri Szarzewski of France and Scotland Captain Chris Cusiter pose with the RBS 6 Nations trophy at the RBS Six Nations Launch at The Hurlingham Club on January 27, 2010 in London, England.
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GLASGOW, SCOTLAND - NOVEMBER 04: Members of the protest group Citizens United occupy the RBS bank in Gordon Street on November 4, 2010 in Glasgow, Scotland. The group, who are demonstrating against the UK Governments spending cuts to welfare and social services, occupied the RBS bank for around one hour before leaving peacefully.
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GLASGOW, SCOTLAND - NOVEMBER 04: Members of the protest group Citizens United occupy the RBS bank in Gordon Street on November 4, 2010 in Glasgow, Scotland. The group, who are demonstrating against the UK Government's spending cuts to welfare and social services, occupied the RBS bank for around one hour before leaving peacefully.
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GLASGOW, SCOTLAND - NOVEMBER 04: Customers try to enter as members of the protest group Citizens United occupy the RBS bank in Gordon Street on November 4, 2010 in Glasgow, Scotland. The group, who are demonstrating against the UK Government's spending cuts to welfare and social services, occupied the RBS bank for around one hour before leaving peacefully.
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GLASGOW, SCOTLAND - NOVEMBER 04: Members of the protest group Citizens United occupy the RBS bank in Gordon Street on November 4, 2010 in Glasgow, Scotland. The group, who are demonstrating against the UK Governments spending cuts to welfare and social services, occupied the RBS bank for around one hour before leaving peacefully.
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GLASGOW, SCOTLAND - NOVEMBER 04: Members of the protest group Citizens United occupy the RBS bank in Gordon Street on November 4, 2010 in Glasgow, Scotland. The group, who are demonstrating against the UK Government's spending cuts to welfare and social services, occupied the RBS bank for around one hour before leaving peacefully.
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GLASGOW, SCOTLAND - NOVEMBER 04: Members of the protest group Citizens United occupy the RBS bank in Gordon Street on November 4, 2010 in Glasgow, Scotland. The group, who are demonstrating against the UK Governments spending cuts to welfare and social services, occupied the RBS bank for around one hour before leaving peacefully.
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GLASGOW, SCOTLAND - NOVEMBER 04: Members of the protest group Citizens United occupy the RBS bank in Gordon Street on November 4, 2010 in Glasgow, Scotland. The group, who are demonstrating against the UK Governments spending cuts to welfare and social services, occupied the RBS bank for around one hour before leaving peacefully.
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GLASGOW, SCOTLAND - NOVEMBER 04: Customers try to enter as members of the protest group Citizens United occupy the RBS bank in Gordon Street on November 4, 2010 in Glasgow, Scotland. The group, who are demonstrating against the UK Government's spending cuts to welfare and social services, occupied the RBS bank for around one hour before leaving peacefully.
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Liverpool Football Club's Chairman, Martin Broughton (L), Director Ian Ayre (centre L) and Managing Director, Christian Purslow (C), address the media as they leave the High Court in central London on October 13, 2010. Liverpool's US owners George Gillett and Tom Hicks lost a legal bid to block the sale of the club here Wednesday, clearing the way for a takeover of the English football giants. London's High Court granted injunctions brought by the club's major creditors, the Royal Bank of Scotland (RBS), which had been attempting to remove the final obstacles to a sale of the club.
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Liverpool Football Club's Managing Director, Christian Purslow (L), Chairman, Martin Broughton (C), and Director, Ian Ayre leave the High court in central London on October 13, 2010. Liverpool's US owners George Gillett and Tom Hicks lost a legal bid to block the sale of the club here Wednesday, clearing the way for a takeover of the English football giants. London's High Court granted injunctions brought by the club's major creditors, the Royal Bank of Scotland (RBS), which had been attempting to remove the final obstacles to a sale of the club.
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Liverpool Football Club's Managing Director, Christian Purslow (L), and Chairman, Martin Broughton (R), react as they leave the High Court in central London, on October 13, 2010. Liverpool's US owners George Gillett and Tom Hicks lost a legal bid to block the sale of the club here Wednesday, clearing the way for a takeover of the English football giants. London's High Court granted injunctions brought by the club's major creditors, the Royal Bank of Scotland (RBS), which had been attempting to remove the final obstacles to a sale of the club.
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Liverpool Football Club's Managing Director, Christian Purslow (L), Chairman, Martin Broughton (R) react as they leave the High Court in central London, on October 13, 2010. Liverpool's US owners George Gillett and Tom Hicks lost a legal bid to block the sale of the club here Wednesday, clearing the way for a takeover of the English football giants. London's High Court granted injunctions brought by the club's major creditors, the Royal Bank of Scotland (RBS), which had been attempting to remove the final obstacles to a sale of the club.
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Liverpool Football Club's Chairman, Martin Broughton (L), Director, Ian Ayre (C), and Managing Director, Christian Purslow (R), leave the High Court in central London on October 13, 2010. Liverpool's US owners George Gillett and Tom Hicks lost a legal bid to block the sale of the club here Wednesday, clearing the way for a takeover of the English football giants. London's High Court granted injunctions brought by the club's major creditors, the Royal Bank of Scotland (RBS), which had been attempting to remove the final obstacles to a sale of the club.
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Photographs of Liverpool footballers Jamie Carragher, Fernando Torres and Steven Gerrard are displayed as people stand at the entrance of Liverpool FC's Anfield Stadium in Liverpool, England, on August 2, 2010 as supporters gather for a stadium tour. Liverpool could be bought by a Chinese business tycoon within days, according to British media reports. Hong Kong-based investment company QSL Sports Ltd, have been linked with the club, who have been up for sale since April. RBS (Royal Bank of Scotland), Liverpool's main creditors are owed about £237m by American co-owners Tom Hicks and George Gillett.
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Liverpool Football Club's Chairman, Martin Broughton (centre C), Managing Director, Christian Purslow (2nd R), and Director Ian Ayre (R), leave the High Court in central London on October 13, 2010. Liverpool's US owners George Gillett and Tom Hicks lost a legal bid to block the sale of the club here Wednesday, clearing the way for a takeover of the English football giants. London's High Court granted injunctions brought by the club's major creditors, the Royal Bank of Scotland (RBS), which had been attempting to remove the final obstacles to a sale of the club.
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A collage of photographs on display at the Liverpool football club shop at Liverpool FC's Anfield Stadium in Liverpool, England, on August 2, 2010. Liverpool could be bought by a Chinese business tycoon within days, according to British media reports. Hong Kong-based investment company QSL Sports Ltd, have been linked with the club, who have been up for sale since April. RBS (Royal Bank of Scotland), Liverpool's main creditors are owed about £237m by American co-owners Tom Hicks and George Gillett.
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A St. George's flag flies on a pub across the road from a sign for The Kop stand at Liverpool FC's Anfield Stadium in Liverpool, England, on August 2, 2010. Liverpool could be bought by a Chinese business tycoon within days, according to British media reports. Hong Kong-based investment company QSL Sports Ltd, have been linked with the club, who have been up for sale since April. RBS (Royal Bank of Scotland), Liverpool's main creditors are owed about £237m by American co-owners Tom Hicks and George Gillett.
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Liverpool Football Club's Chairman, Martin Broughton (centre L), Director Ian Ayre (C), and Managing Director, Christian Purslow (centre R), leave the High Court in central London on October 13, 2010. Liverpool's US owners George Gillett and Tom Hicks lost a legal bid to block the sale of the club here Wednesday, clearing the way for a takeover of the English football giants. London's High Court granted injunctions brought by the club's major creditors, the Royal Bank of Scotland (RBS), which had been attempting to remove the final obstacles to a sale of the club.
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Britain's Prince William walks onto the field ahead of the England versus Wales during the RBS Six Nations International rugby union match at Twickenham Stadium, southwest of London on February 6, 2010. England won the game 30-17.
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LONDON, ENGLAND - OCTOBER 12: Supporters of Liverpool Football Club demonstrate outside the High Court on October 12, 2010 in London, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a high court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LONDON, ENGLAND - OCTOBER 12: Supporters of Liverpool Football Club demonstrate outside the High Court with their dog, Marley, on October 12, 2010 in London, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a high court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LIVERPOOL, ENGLAND - OCTOBER 12: The Liverpool Football Club emblem, The Liver Bird, adorns the front gates of Anfield as a fan waits to hear news from the high court in London on October 12, 2010 in Liverpool, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a high court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LONDON, ENGLAND - OCTOBER 12: Liverpool Football Club Cjairman Martin Broughton arrives at The High Court on October 12, 2010 in London, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a High Court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LIVERPOOL, ENGLAND - OCTOBER 12: The Paisley Gateway of Anfield at Liverpool Football Club on October 12, 2010 in Liverpool, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a high court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LONDON, ENGLAND - OCTOBER 12: Liverpool Football Club Chairman Martin Broughton leaves The High Court on October 12, 2010 in London, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a High Court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LONDON, ENGLAND - OCTOBER 12: Liverpool Football Club Chairman Martin Broughton leaves The High Court on October 12, 2010 in London, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a High Court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LONDON, ENGLAND - OCTOBER 13: Liverpool Football Club Chairman Martin Broughton arrives at The High Court on October 13, 2010 in London, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a High Court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member. The judge will give his verdict today.
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LONDON, ENGLAND - OCTOBER 13: Liverpool Football Club Chairman Martin Broughton pushes his way through reporters as he arrives at The High Court on October 13, 2010 in London, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a High Court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member. The judge will give his verdict today.
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LONDON, ENGLAND - OCTOBER 13: Liverpool football club chairman Martin Broughton leaves The High Court on October 13, 2010 in London, England. The court has ruled that the owners of the club, Tom Hicks and George Gillett, have no power to stop the sale of Liverpool FC.
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LONDON, ENGLAND - OCTOBER 13: Liverpool Football Club Chairman Martin Broughton (C) and Managing Director Christian Purslow (R), leave the High Court on October 13, 2010 in London, England. The court has ruled that the owners of the club, Tom Hicks and George Gillett, have no power to stop the sale of Liverpool FC.
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LONDON, ENGLAND - OCTOBER 12: Supporters of Liverpool Football Club demonstrate outside the High Court on October 12, 2010 in London, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a high court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LIVERPOOL, ENGLAND - OCTOBER 12: Liverpool fans stand outside Anfield and check their mobile phones for news from the high court in London, on October 12, 2010 in Liverpool, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a high court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LIVERPOOL, ENGLAND - OCTOBER 12: The Liverpool Football Club emblem, The Liver Bird, adorns the front gates of Anfield on October 12, 2010 in Liverpool, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a high court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LIVERPOOL, ENGLAND - OCTOBER 12: Liverpool fan Steven Lummins shows his three-month-old son Lennon Thomas Lummins the gates of Anfield for the first time as legal battles go on at the high court on October 12, 2010 in Liverpool, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a high court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LONDON, ENGLAND - OCTOBER 12: A supporter of Liverpool Football Club demonstrates outside the High Court on October 12, 2010 in London, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a high court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LIVERPOOL, ENGLAND - OCTOBER 12: The Liverpool Football Club emblem, the Liver Bird, adorns the gates of Anfield on October 12, 2010 in Liverpool, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a high court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LONDON, ENGLAND - OCTOBER 12: Liverpool Football Club Chairman Martin Broughton leaves The High Court on October 12, 2010 in London, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a High Court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LONDON, ENGLAND - OCTOBER 13: Liverpool Football Club Chairman Martin Broughton leaves the High Court on October 13, 2010 in London, England. The court has ruled that the owners of the club, Tom Hicks and George Gillett, have no power to stop the sale of Liverpool FC.
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LONDON, ENGLAND - OCTOBER 13: Liverpool Football Club Chairman Martin Broughton (L) and Managing Director Christian Purslow (C), leave the High Court on October 13, 2010 in London, England. The court has ruled that the owners of the club, Tom Hicks and George Gillett, have no power to stop the sale of Liverpool FC.
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LONDON, ENGLAND - OCTOBER 13: Liverpool Football Club Chairman Martin Broughton leaves the High Court on October 13, 2010 in London, England. The court has ruled that the owners of the club, Tom Hicks and George Gillett, have no power to stop the sale of Liverpool FC.
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LONDON, ENGLAND - OCTOBER 12: Supporters of Liverpool Football Club demonstrate outside the High Court on October 12, 2010 in London, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a high court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LIVERPOOL, ENGLAND - OCTOBER 12: The Liverpool Football Club emblem, The Liver Bird, adorns the front gates of Anfield on October 12, 2010 in Liverpool, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a high court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LONDON, ENGLAND - OCTOBER 12: Liverpool Football Club Cjairman Martin Broughton arrives at The High Court on October 12, 2010 in London, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a High Court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LONDON, ENGLAND - OCTOBER 13: Liverpool Football Club Chairman Martin Broughton arrives at The High Court on October 13, 2010 in London, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a High Court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member. The judge will give his verdict today.
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LONDON, ENGLAND - OCTOBER 13: A sign placed on the gates of The High Court refers to Liverpool football club owners Tom Hicks and George Gillett on October 13, 2010 in London, England. The court has ruled that the owners of the club, Hicks and Gillett, have no power to stop the sale of Liverpool FC.
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LONDON, ENGLAND - OCTOBER 13: Liverpool football club chairman Martin Broughton smiles as he leaves The High Court on October 13, 2010 in London, England. The court has ruled that the owners of the club, Tom Hicks and George Gillett, have no power to stop the sale of Liverpool FC.
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LONDON, ENGLAND - OCTOBER 12: Liverpool Football Club Cjairman Martin Broughton arrives at The High Court on October 12, 2010 in London, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a High Court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
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LONDON, ENGLAND - OCTOBER 13: Liverpool Football Club Chairman Martin Broughton (C) is mobbed by the press as he leaves the High Court on October 13, 2010 in London, England. The court has ruled that the owners of the club, Tom Hicks and George Gillett, have no power to stop the sale of Liverpool FC.
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LIVERPOOL, ENGLAND - OCTOBER 12: A poster of Steven Gerrard in the club shop of Liverpool Football Club looks out over The Paisley Gateway at Anfield on October 12, 2010 in Liverpool, England. The Royal Bank of Scotland, which holds the majority of Liverpool's debts, is seeking a high court order to prevent the American co-owners, Tom Hicks and George Gillett Jr, from removing the chairman Martin Broughton and another board member.
