Liverpool Football Club today announces that the Board has agreed the sale of the Club to New England Sports Ventures (NESV).
New England Sports Ventures currently owns a portfolio of companies including the Boston Red Sox, New England Sports Network, Fenway Sports Group and Rousch Fenway Racing.
Martin Broughton, Liverpool FC Chairman, said:
"I am delighted that we have been able to successfully conclude the sale process which 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 Red Sox.
Something had to happen. New owners doesnt meen a garantee for sucsess- but at least they could some fresh capital and new thaughts in. This season has been horrible!
Hope this will solve some probs, but they still have to do it on the field. New stadium is not that important.
Well it is if we want to keep up finacilly with teams like Chelsea we need invesment in the transfers as well