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Boston Red Sox

October 6, 2010 by staff 

Boston Red Sox, (CNN) – Liverpool Football Club announced Wednesday that its board has agreed to sell the team to New England Sports Ventures, the company that owns the Boston Red Sox baseball.

The sale is conditional upon approval of the Premier League, which belongs to Liverpool, the resolution of a dispute over the council members, and other matters, Liverpool, said.

NESV supply was one of the clubs said on Tuesday it had received to pay its long-term debt. Had convened a board meeting on Tuesday to review the bids and approve a sale.

The amount of the sale was not immediately released, but the size of the debt is reported that between 250 million and 280 million pounds (397 million euros 445 million yyy).

Two Americans, Tom Hicks and George Gillett currently own Liverpool. They took out loans on behalf of the club to buy in February 2007.

Liverpool chairman Martin Broughton said the board had met with representatives in recent weeks NESV several in Boston, London and Liverpool. He praised the company’s vision for the English team.

“NESV philosophy is all about winning and have fully demonstrated that the Red Sox,” said Broughton.

He revealed the problems the board has had with Hicks and Gillett, saying the couple tried “everything” to prevent the sale.

“By eliminating the debt of acquisition, this offer allows us to focus on investment in the team. I’m just disappointed that the owners have tried everything to prevent the deal to happen and we have to go through judicial procedures in order to complete the sale, “said Broughton.

Before Tuesday’s meeting, the two owners tried to remove two board members and replace them with Mack Hicks – Liverpool Echo reported by the son of Tom Hicks – and Lori Kay McCutcheon, who the day is the vice president and Financial Controller of Hicks Holdings.

The second bidder Asia, but is not related to Kenny Huang, who led a Chinese consortium interested in investing in Liverpool this summer, according to the echo.

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