London, England (CNN) -- The battle for control of Liverpool Football Club returned to the High Court in London on Thursday after a Texas court granted a temporary restraining order blocking the sale of the English Premier League side.
Liverpool's American co-owners, Tom Hicks and George Gillett, oppose the proposed £300-million ($477-million) sale of the club to New England Sporting Ventures (NESV), the owners of baseball's Boston Red Sox, calling the deal an "epic swindle".
Hicks and Gillett, who bought England's most successful football team in 2007, are also seeking $1.6 billion in damages.
Liverpool's board, headed by chairman Martin Broughton, whom Hicks and Gillett hired to find a buyer, says the sale is necessary to prevent the club going into administration.
Liverpool board members and NESV had intended to wrap up the sale Wednesday night but the Texas court order prevented the transaction being completed.
CNN
