Boston Red Sox owners set to buy Liverpool

by Guest61608  |  earlier

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Boston Red Sox owners set to buy Liverpool
After months of speculation, Liverpool’s board of directors have agreed the sale of the club to the owners of the Boston Red Sox baseball team.
New England Sports Ventures (NESV) are the company poised to complete the buyout of the Premier League club, although first, they must receive the league’s approval and wait for a board dispute involving the club's current US owners Tom Hicks and George Gillett to be resolved.
The Merseyside club have endured a dire start to the campaign, not helped by matters off the pitch, but chairman Martin Broughton confirmed in a statement on the club’s website that a deal with NESV is now nearing completion.
"I am delighted that we have been able to successfully conclude the sale process which has been thorough and extensive," Broughton said. "The Board decided to accept NESV's proposal on the basis that it best met the criteria we set out originally for a suitable new owner. NESV's philosophy is all about winning and they have fully demonstrated that at Red Sox.
"We've met them in Boston, London and Liverpool over several weeks and I am immensely impressed with what they have achieved and with their vision for Liverpool Football Club.
"By removing the burden of acquisition debt, this offer allows us to focus on investment in the team. I am only disappointed that the owners have tried everything to prevent the deal from happening and that we need to go through legal proceedings in order to complete the sale."
Currently 18th in the Premier League table and in the midst of their worst start to a campaign since 1953, Liverpool supporters will be hoping that today is the day which helps steer the crisis-hit club back on track.



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