Friday 17 April 2015

Club Statement

Former Director Ged Nixon has lost his case in the Court of Session to be repaid £311,000 immediately by Livingston Football Club.  Mr Nixon's claim was further reduced to £215,367.48.

In the Judgement, Lord Tyre, on page 10 (22) stated that he was satisfied on the evidence taken as a whole that agreement was reached on 16th September 2010 that the loans made by the 4 investors, including the Pursuer, were not to be repayable on demand but only when the Company could afford to repay them, and that this agreement crystallised what was already a common understanding among them.

No further statments shall be made at this time.

 
 
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