Red Sox Owners Buy Liverpool FC
Red Sox owner John Henry and his partners have entered the winning bid to purchase Liverpool FC of the English Premier League. Henry's group paid $477 million to pay off the remaining debt owed by the current owners after their 2007 purchase. Liverpool FC is worth an estimated 1-billion dollars.
NEW ENGLAND SPORTS VENTURES
STATEMENT ON THE PURCHASE OF LIVERPOOL FC
New England Sports Ventures (“NESV”) can confirm that their bid for Liverpool FC has been
selected by the Club's Board of Directors and agreement has been reached with the Board to
purchase the Club. NESV wishes to extend their appreciation to the Board for their diligence and their efforts on behalf of Liverpool FC and its supporters.
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. Our objective is to stabilize the Club and ultimately return Liverpool FC to
its rightful place in English and European football, successfully competing for and winning
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
underway, however, in light of these issues, we will respectfully refrain from comment or further
actions at this time.