Belfast Telegraph

Wednesday 24 September 2014

NESV vow will please Reds fans

Liverpool

New England Sports Ventures will remove all "acquisition debt" from Liverpool if their takeover is successful, a statement from the American company promised on Wednesday.

The owners of the Boston Red Sox confirmed their bid, understood to be for £300million, had been accepted by Liverpool's board - though current owners Tom Hicks and George Gillett have launched a legal challenge opposing that acceptance.

A statement from New England Sports Ventures (NESV) read: "NESV wants to create a long-term financially solid foundation for Liverpool FC and is dedicated to ensuring that the club has the resources to build for the future, including the removal of all acquisition debt."

The statement continued: "Our objective is to stabilise the club and ultimately return Liverpool FC to its rightful place in English and European football, successfully competing for and winning trophies.

"Since 2001, New England Sports Ventures has made successful investments in sports and entertainment properties.

"Our portfolio of companies, including the Boston Red Sox and Fenway Park, New England Sports Network, Fenway Sports Group and Roush Fenway Racing are all committed to one common goal: winning.

"NESV wants to help bring back the culture of winning to Liverpool FC.

"We have a proven track record, shown clearly with the Boston Red Sox. The team has won two World Series Championships over the past six years. We will bring the same kind of openness, passion, dedication and professionalism to Liverpool FC.

"We are hopeful with regard to the pending legal and English Premier League procedures now under way, however, in light of these issues, we will respectfully refrain from comment or further actions at this time."

Nightlife galleries

More

Latest Sport News

Stats Centre