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French carmaker Renault aims to complete its takeover of the Lotus Formula One team on December 16 and pay creditors Evan Engram Giants Jersey , including Britain's tax authorities, by the end of the year, the High Court heard Monday.


All parties in a protracted case brought against struggling Lotus by the Revenue and Customs authority over unpaid tax, with other creditors also -represented, agreed to a further adjournment to December 21.


"We are in a different territory now," a lawyer for the team told the court.


"You got away with it ... or rather Will Hernandez Giants Jersey , it has been got away with," commented the judge, Mr Justice Birss, after hearing none of the creditors objected to the -adjournment that he said was clearly in the best interests of all parties.


The alternative would have been to put Lotus into administration.


Renault, currently an engine supplier to former world champions Red Bull, announced last week they would be returning to Formula One as a full constructor by taking a controlling stake in Lotus.


Lotus Saquon Barkley Giants Jersey , formerly owned by Renault -before a race-fixing scandal broke in 2009, have limped to the finish line this season with current owners, Luxembourg--based Genii, injecting only enough cash to keep the team alive.


Bailiffs impounded their cars after the Belgian Grand Prix in August and the team were denied access to the paddock hospitality in Japan due to unpaid bills.


Lotus Chief Executive Matthew -Carter, who attended the hearing, said the remaining matters were merely procedural.


"It's the 16th for the SPA [share purchase agreement] and they [Renault] are agreeing to pay all the creditors by the 31st Kyle Lauletta Limited Jersey ," he told Reuters outside the courtroom.


"So I guess when we come back on the 21st it will be to ensure that the SPA has been signed.


"It's been an interesting process all the way through but we are where we are," said Carter, who said his own future with the team had yet to be decided.


Genii Capital chairman and current Lotus principal Gerard Lopez told -Reuters at the season-ending race in Abu Dhabi last month that he would -retain a shareholding in the team.


"Everyone's time and effort has been focused on getting this across the line and now I guess we take stock of the situation and decide which way Renault want to jump," said Carter.


"We'll see how Renault want to run things and what their plans are."


GUANGZHOU, Feb. 28 (Xinhua) -- Marcello Lippi has signed a new three-year with Chinese super league club Guangzhou Evergrande, the club officially announced on Friday.


The 65-year old Italian and his coaching team will remain in China until the end of 2017 B.J. Hill Limited Jersey , said the club.


The club said the salary of the coaching team remains as much as the last contract, which is reportedly up to 10 million euros.


"Lippi agreed to take a pay cut in the next three years, but the club refused to decrease his salary," said a club official who required anonymity.


Former assistant coach Maddaloni Massimiliano will be the team's executive coach, and Pezzotti Narciso will be the new assistant coach, according to the club.


The club had offered Lippi a new contract last December in Morocco Lorenzo Carter Limited Jersey , where Asian champions Guangzhou were competing in FIFA Club World Cup. Lippi declined the offer, however.


"Lippi said he decided to leave earlier because he felt tired because the 2013 season was extremely long for us," said Liu Yongzhou, president of Guangzhou Evergrande.


Liu said Lippi finally signed his name on the contract on Tuesday, the day before Guangzhou's trilling 4-2 win over Melbourne Victory in the AFC Champions league.


"Actually Lippi has already got used to life in Guangzhou and he likes here. We understand his hesitation and would like to remove some burden off him. He nominated Massimiliano as the executive coach, and we soon reached the agreement Landon Collins Limited Jersey ," said Liu.


The day also witnessed the announcement of new Chinese national soccer team coach, Alain Perrin, whose contract details were kept as a secret by the Chinese Football Association.


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