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.
"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."
Note to editors:
The sale is conditional on Premier League approval, resolution of the dispute concerning Board membership and other matters.
Also it is a possibilty that LFC won't be debt free.. so leveraged take over is possible.. similar to the last one (lets hope this is not the case)
Also the new owner is on Twitter John W Henry
guys I was outside NSEV office yestersay evening as I told some ppl here and they were very positive about the sale and ready to fight to bits to takeover Liverpool. I will be there today again if someone wants to come along.. I will also be taking breaks to eat frozen yogurt
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