The two confirmed their commitment to selling Liverpool but said £300 million "dramatically" undervalued the club: the £300 million figure includes £200 million in writing down all acquisition debt and taking on additional working capital debts and other liabilities and will leave Hicks and Gillett with losses of £144 million.
Broughton said he was disappointed the current owners had "tried everything to prevent the deal from happening" - on Tuesday Hicks and Gillett sought to replace two members of the five-man board with their own people in a final bid to retain control.
A hearing will be held no later than next week, with any appeal expected to be heard within a matter of days and as early as tomorrow.
Broughton and Purslow were introduced to NSEV by Inner Circle Sports, the New York-based agents who brought Hicks and Gillett to the table three years ago.






