We are free!! Liverpool FC sold to NESV

New England Sports Ventures (NESV) today announces that it has completed the purchase of Liverpool Football Club.

NESV wishes to extend its sincere gratitude to the Board of Liverpool FC for their diligence and their efforts on behalf of the Club and its supporters.

The transaction values the Club at £300m and eliminates all of the acquisition debt placed on LFC by its previous owners, reducing the Club's debt servicing obligations from £25m-£30m a year to £2m-£3m.

New England Sports Ventures is committed to winning and currently owns a portfolio of companies, including the Boston Red Sox, New England Sports Network, Fenway Sports Group and Roush Fenway Racing.

NESV Principal Owner John Henry said:

"On behalf of the entire NESV partnership, I want to express how incredibly proud and humbled we are to be confirmed as the new owners of Liverpool FC. We regard our role as that of stewards for the Club with a primary focus on returning the Club to greatness on and off the field for the long-term. We are committed first and foremost to winning. We have a history of winning, and today we want LFC supporters to know that this approach is what we intend to bring to this great Club."

"We are eager to commence with our plan, spend time with the organisation, its leadership, its supporters, and the local communities. We will take these steps alongside the Club's executives with a shared objective of stabilising the Club and ultimately returning Liverpool FC to its rightful place in English and European football, successful and competing for trophies."

Liverpool FC Chairman Martin Broughton said:

"I am delighted that we have been able to successfully conclude the sale process which has been thorough and extensive. The Board decided to accept NESV's offer on the basis that it best met the criteria we set out originally for a new owner. NESV is buying Liverpool in order to put it on an excellent financial footing and continue to develop it internationally. This is a good deal which comprehensively resolves the pressing issue of the Club's debt and should give staff, players and fans great confidence regarding the future of Liverpool FC."

Roy Hodgson believes a cloud will be lifted from Anfield now that Hicks and Gillett are gone. As you can see here, NESV have done good work at Boston and they know what they are doing, they know what sports is about. 

I hope I am not being overeager saying that Roy is right and the future does look bright for us. We deserve that. Oh, we do deserve that so much! Let's celebrate my fellow Reds! Let's celebrate those two Muppets are gone! Welcome to Liverpool Mr John Henry, welcome at Anfield. From now on You'll Never Walk Alone (if you don't screw it ...).

So long George & Tom, I hope we'll never see you again!! 

Oh, and bring in Everton! 

Y.N.W.A

Photos and quotes provided by Liverpoolfc.tv