The Liverpool ownership saga is closed to being ended with news that the American owners have agreed to sell their stake to New England Sports Ventures (NESV). NESV also owns other sports franchise in American including the famed Boston Red Sox.
Reds Chaiman, Martin Broughton, who was brought in specially to find a purchaser for the club said,
I am delighted that we have been able to successfully conclude the sale process w
hich has been thorough and extensive.
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 the Red Sox.
The news of the sale comes amidst escalating tussle in the boardroom when Mr Hicks tried to displace Broughton, chief executive Christian Purslow and commercial director Ian Ayre from the board on Tuesday. However, the move was outvoted by the board and Broughton confirmed that they are looking at the legal ramification of Tuesday events.
Whatever the case, news of the sale will come as a great relief to both management and fans who have seen Liverpool plunge from greatness to currently mired in a relegation battle after only 7 games in the new season. This is Liverpool’s worst start in the Premiership ever and is in danger of finishing outside the top 8, something which they have never done before in the club’s history.
