Broughton planning legal action
Hicks alleged Broughton was part of an “epic swindle” when he
oversaw the £300million sale of the club last year, claiming
he lost £140million as a result of the sale against his
wishes. Broughton told the Times: “I am suing to have my name
cleared, not for any money. “They made accusations of fraud and
conspiracy which were wholly unfounded. I am not losing any sleep.
I know I acted properly.” Hicks on Thursday lost his bid to
overturn an injunction preventing him launching legal action over
the sale in the United States without prior approval from an
English court. Mr Justice Floyd, who made the ruling, criticised
the delaying tactics of Hicks and Gillett, both during the sale
process and in the subsequent months. The judge also dismissed an
application to strike out or stay claims by Broughton. New England
Sports Ventures’ application to be allowed to join the Broughton
action was granted by the judge.