Red Sox Owner New England Sports Ventures to Buy Liverpool

Liverpool-LogoThe New England Sports Ventures led by John Henry could be one step away from acquiring English Premier League football team Liverpool FC, multiple reports said.

According to ESPN, the Liverpool board has already approved the sale to NESV, although a resolution of a conflict between current Reds chairman Martin Broughton and American investors George Gillett and Tom Hicks has yet to be reached. Gillett and Hicks oppose the sale to Henry’s NESV. Once the board conflict is settled, only the approval of the Premier League would be needed to close the sale.

In a statement, the English club said that “the Board decided to accept NESV’s proposal on the basis that it best met the criteria we set out originally for a suitable new owner.”

The NESV offer was one of only two bids that the board considered. However, Gillett and Hicks rejected both offers as neither of the two gave them a profit for the sale of their stakes in the club.