Soccer News: Liverpool Agrees To Sale To Red Sox Owners

Not terribly sure how much the Reds fans are going to like this…

Liverpool’s board came to an agreement to sell the team to a group consisting of the owners of the Boston Red Sox. While the board has a made a decision, current owner Tom Hicks won’t sell the team that easily.

Hicks said he would resist the bid by New England Sports Ventures because they “dramatically undervalued” the 18-time champions. Hicks is asking for $955 million (600 million pounds) for the club which he bought for 74 million pounds in 2007. NESV is reportedly offering $477 million (300 million pounds).

Liverpool reportedly has approximately $453 million (285 million pounds) in debt that needs to be paid by October 15.

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