New owners talk about LFC for first time

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Boston Red Sox principal owner John Henry holds the World Series trophy during celebrations in Denver, Colorado, in this October 28, 2007 file photo. The Liverpool board has agreed to sell the Premier League club to New England Sports Ventures, owners of baseball's Boston Red Sox, for 300 million pounds ($477.6 million), chairman Martin Broughton said on Wednesday. REUTERS/Lucy Nicholson/Files (UNITED STATES - Tags: SPORT BASEBALL SOCCER BUSINESS)
Boston Red Sox principal owner John Henry holds the World Series trophy

New England Sports Ventures have spoken about their pending purchase of Liverpool Football Club for the first time, saying they intend to return the club to a financially stable position and winning trophies again.

The last 24 hours have been a whirlwind roller-coaster for the club and its fans, with NESV’s bid only accepted by the club’s board and announced last night. It still faces a legal challenge from current owners Tom Hicks and George Gillett, but chairman Martin Broughton is confident the deal will go through.

Headed by American tycoon John Henry, NESV are a very successful company, with investments in Major League Baseball club Boston Red Sox, media outlet NESN and Roush Fenway Racing, a NASCAR racing team.

The company are hopeful the deal can pass it’s legal challenge from Hicks and Gillett and start turning the club’s fortunes around. The Premier League expect to have completed their stringent tests on the new owners by Friday.

First and foremost, NESV have pledged to remove the club’s debt, whilst earlier today Broughton explained there will be money for players and the stadium also.

A statement from the company reads, “New England Sports Ventures 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 its 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 trophies.

“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.”

Fans seem to be reacting to the news with excitement, but urging caution after the horrific tenure of the current owners. Read the fans reactions and join in the discussions in our forums.