Reports Says Red Sox Make Bid On Liverpool
AP source: 2 takeover bids received by Liverpool
By ROB HARRIS
AP Sports Writer
LONDON (AP) – A person familiar with the situation says
Liverpool has received two new takeover bids that are being blocked
by the American owners.
The person, speaking Tuesday on condition of anonymity because
negotiations are ongoing, says one bid is from the U.S. and the
other from Asia.
Sky Sports News is reporting that the owners of the Boston Red
Sox are one of the bidders.
Liverpool has an Oct. 15 deadline to repay debts of about 285
million pounds ($453 million) resulting from the 2007 takeover by
Tom Hicks and George Gillett Jr.
The person says Hicks and Gillett won't accept either bid
because they would not gain a profit on what they paid. Other board
members are ready to accept one of the bids.
(Copyright 2010 by The Associated Press. All Rights Reserved.)