The Premier League has confirmed that it has begun its stringent checks on potential new Liverpool FC owners, New England Sports Ventures, and these checks should be completed by this Friday.
It was announced today that the club have accepted an offer to sell to NESV, who own baseball’s Boston Red Sox. The deal could be completed by next week, should the Reds overcome a legal battle with current owners Tom Hicks and George Gillett, who believe NESV’s offer is too low.
Under new league rules that look to help clubs avoid being bought by unsuitable owners and ending up with financial problems, the Premier League must now approve all new ownership changes.
A statement from the Premier League reads, “The board of the Premier League has been kept fully informed of developments regarding the potential sale of Liverpool FC by the chairman and senior executives of the club and has, accordingly, been made aware of a number of potential prospective owners in recent weeks.
“We can confirm that Liverpool FC has formally notified the Premier League of an intended change of control and that the board has undertaken to complete all the necessary processes by Friday, October 8 so that the sale of the club can proceed.”
Meanwhile Jamie Carragher has reacted to the sale news, telling the club’s official web site, “Everyone knows it’ll be a good thing for the club.
“Hopefully it will be sorted sooner rather than later and we can start looking forward on the pitch and start improving results, which is what we need to do.”