Reuters Soccer Blog
World Soccer views and news
Liverpool supporters will be glad to be possibly getting rid of their current U.S. owners but probably did not envisage another set of Americans taking over.
The board of have agreed the sale of the club to New England Sports Ventures (NESV), the owners of Major League Baseball’s Boston Red Sox.
However, like everything with Liverpool at the moment, the sale may not be straightforward as the club will first have to resolve a legal dispute with the current owners Tom Hicks and George Gillett who had sought to sack members of the board in a final bid to keep control of the club on Tuesday.
Manager Roy Hodgson must be tearing his hair out with all this coming on top of the team enduring its worst start on the pitch for more than half a century.
Half Europe’s leading professional clubs are losing money, according to UEFA, and the forthcoming Financial Fair Play initiative will be a concerted attempt to tackle the problem.
The new financial framework will mean that from the 2013-14 season, clubs must break even or face the threat of exclusion from European club competition.