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.
