After clearing the legal hurdles, New England Sports Ventures (NESV) has gained control of the Liverpool soccer franchise.
NESV announced Friday it has completed the purchase of Liverpool Football Club of $ 481 000 000 - or 300 million pounds.
The transaction, which was held in court, means that New England Sports Ventures LLC, owned by John W. Henry and Tom Werner, takes ownership of the football powerhouse that was once owned by Tom Hicks and George Gillett Jr.
NESV owns a portfolio of companies, including Boston Red Sox, New England Sports Network, Fenway Sports Group and Roush Fenway Racing.
"On behalf of the whole society NESV like to express how incredibly proud and humble to be confirmed that the new owners of Liverpool FC," Henry said in a statement. "We see our role as administrators for the club with a primary focus on returning to the club to greatness on and off the field for the long term."
Liverpool has won 18 championships.
"We are committed first to win," said Henry. "We have a history of winning, and now we want the LFC supporters to know that this approach is what we intend to bring this great club."
A Texas court issued a temporary restraining order Wednesday to halt the sale of minutes before the club's board could vote in the bag.
The restraining order came shortly after the decision by a British judge issued earlier in the day that would have prohibited the sale of the club to NESV.
Hicks and Gillett had challenged in court that the current arrangement drastically underestimate the club. The protective order, issued by the District Court 160th in Dallas, set October 25 as the date for the hearing.
"I am delighted that we have been able to successfully conclude the sale process has been thorough and extensive," said Liverpool FC, the chairman Martin Broughton. "The Board decided to accept the offer of NESV on the basis that it is best met the criteria we originally proposed for a new owner. NESV is the purchase of Liverpool to put in an excellent financial position and continue its development International. This is a fairly exhaustive solve the pressing problem of debt and should give the club staff, players and fans a great confidence about the future of Liverpool FC. "
Added NESV President Thomas Werner: .. "We know that Liverpool Football Club is an historic institution ultimately grounded in the community and fans Our first step will be to listen as owners want to hear the manager and players and part of the daily operation of the Club.
"We will be visible at Anfield and they embrace and listen to those who have gone through this club and are the rock on which its success will be built in the future. We want to hear from fans, local leaders and local community. We want to hear from those who know best LFC, who have done it better and share our desire to return to a culture of winning. "
NESV announced Friday it has completed the purchase of Liverpool Football Club of $ 481 000 000 - or 300 million pounds.
The transaction, which was held in court, means that New England Sports Ventures LLC, owned by John W. Henry and Tom Werner, takes ownership of the football powerhouse that was once owned by Tom Hicks and George Gillett Jr.
NESV owns a portfolio of companies, including Boston Red Sox, New England Sports Network, Fenway Sports Group and Roush Fenway Racing.
"On behalf of the whole society NESV like to express how incredibly proud and humble to be confirmed that the new owners of Liverpool FC," Henry said in a statement. "We see our role as administrators for the club with a primary focus on returning to the club to greatness on and off the field for the long term."
Liverpool has won 18 championships.
"We are committed first to win," said Henry. "We have a history of winning, and now we want the LFC supporters to know that this approach is what we intend to bring this great club."
A Texas court issued a temporary restraining order Wednesday to halt the sale of minutes before the club's board could vote in the bag.
The restraining order came shortly after the decision by a British judge issued earlier in the day that would have prohibited the sale of the club to NESV.
Hicks and Gillett had challenged in court that the current arrangement drastically underestimate the club. The protective order, issued by the District Court 160th in Dallas, set October 25 as the date for the hearing.
"I am delighted that we have been able to successfully conclude the sale process has been thorough and extensive," said Liverpool FC, the chairman Martin Broughton. "The Board decided to accept the offer of NESV on the basis that it is best met the criteria we originally proposed for a new owner. NESV is the purchase of Liverpool to put in an excellent financial position and continue its development International. This is a fairly exhaustive solve the pressing problem of debt and should give the club staff, players and fans a great confidence about the future of Liverpool FC. "
Added NESV President Thomas Werner: .. "We know that Liverpool Football Club is an historic institution ultimately grounded in the community and fans Our first step will be to listen as owners want to hear the manager and players and part of the daily operation of the Club.
"We will be visible at Anfield and they embrace and listen to those who have gone through this club and are the rock on which its success will be built in the future. We want to hear from fans, local leaders and local community. We want to hear from those who know best LFC, who have done it better and share our desire to return to a culture of winning. "