Liverpool skipper Steven Gerrard has spoken of his delight at the High Court verdict paving the way for the club's takeover.
Reds co-owners Tom Hicks and George Gillett failed in their bid to block a possible takeover by New England Sports Ventures.
The American co-owners tried to remove managing director Christian Purslow and commercial director Ian Ayre from the board last week in an attempt to prevent the sale.
But Reds chairman Martin Broughton claimed he had the right to sell the club to NESV as Hicks and Gillett had signed agreements not to oppose the sale when they received an extension to their refinancing deal with Royal Bank of Scotland earlier this year.
Mr Justice Floyd ruled Hicks and Gillett did not have the power to do so, meaning Liverpool's board could now push through a deal with NESV which was agreed last week.
Liverpool's board are now meeting to try and reach an agreement to finalise the takeover and end a tumultuous last few months for the club.
Gerrard believes the ruling is positive news for the club and he hopes the whole club can now move forward, starting with this weekend's Merseyside derby at Everton.
"It's a fantastic result and credit needs to go to Christian, Ian and the chairman who have worked so hard on this," Gerrard told the club's official website.
"It seems things are nearly sorted off the pitch so we need to start getting them right on it by getting three points at Goodison on Sunday.
"I know how frustrated the fans have been with what has been going on and I can understand their feelings. But we've all suffered in this, especially the supporters, and now it's time for us all to pull together and help move the club forward."
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