Wednesday 6 October 2010

Liverpool takeover looms

Reports on Wednesday morning suggested that Liverpool’s lengthy search for new owners might have reached its conclusion.

On Tuesday evening the club released an extraordinary official statement which detailed that they had received two “excellent” offers. It went on to say that the current American owners had tried to replace two of the independent members of the board who were in approval of the bids – one of the replacements was the son of Tom Hicks.

But the other directors outvoted them and accepted the sale subject to a legal review. Nothing can be taken for fact until the paperwork has been signed.

Most fans will be happy as their main aim was to get rid of the current owners. However, the prospective takeover will be by another US consortium which currently owns sports clubs like the Boston Red Sox in America, so the supporters will be hopeful yet watchful in seeing how the new group conduct their business.

Will it be good for the club? Or could it become a similar situation to the one which the club has had to work so hard to extricate itself from?


http://thenewsportal.net/?p=524270

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