Liverpool’s long-running ownership saga has finally been resolved after many legal twists and turns.
After buying the previously debt-burdened Premier League club for 343 million pounds, John W Henry, the chairman of New England Sports Ventures, which also owns the Boston Red Sox baseball team, said: “I can’t tell you how happy I am that we finally, finally, got to this point.”
A court in Texas and London’s High Court had seen hearings involving unsuccessful attempts by the club’s unpopular American co-owners Tom Hicks and George Gillett to block the sale.
They have called it “illegal” and “an extraordinary swindle” and said they will sue for at least 1.1 billion euros in damages.
The sale pleased fans and meant Liverpool could meet a deadline to repay 270 million euros owed to Royal Bank of Scotland.