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Liverpool's co-owners Tom Hicks and George Gillett have accepted defeat in their attempts to block the club's sale but say they will pursue £1bn damages.

 

They removed the restraining order preventing the club's sale in a Dallas court on Friday, paving the way for New England Sports Ventures' offer.

 

NESV, the board's choice as Liverpool's new owners, now look set to complete their £300m purchase of the club.

 

But Hicks and Gillett will "pursue every legal avenue" to claim damages.

 

And it is official now that NESV have bought the club!!! Excellent news. It will take at least half a decade, but Liverpool will be back up at the top eventually.

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