Judge Christopher Floyd of London's High Court ruled against disgraced Liverpool owners Tom Hicks and George Gillett, and now the path is cleared for Liverpool FC to be sold to New England Sports Ventures and John Henry.
I'm sure there's dancing in the streets of Merseyside, and I'm also sure a few are singing a version of "Ding Dong The Witch Is Dead."
This evening, Liverpool's board will meet and officially approve the sale, for $476 million.
Judge Floyd heard 5 hours of arguments on Tuesday, and said that Hicks and Gillett have "no absolute right to veto a sale." The judge also said it would be inappropriate for the owners to appeal his ruling.
It's been a lousy last 24 hours for Hicks, as his former team, the Texas Rangers, just won their first-ever playoff series, and now he's losing Liverpool.
Henry now says that NESV has a "binding agreement" to buy Liverpool and expects it to happen. Here's more about today's court ruling.
On Twitter yesterday, Henry posted this video to all the Liverpool fans, basically introducing himself and his current growing empire.
I had the pleasure of meeting him and Tom Werner at Professor Thom's in 2007 while they watched a Red Sox game, and I was impressed at the way they handled themselves.
Liverpool fans, I'm sure this will work out just fine. Keep the Faith, Merseysiders.