Deals
Liverpool Agrees on Sale of Club to Red Sox Owner
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Liverpool’s board agreed to sell England’s most successful soccer club to John W. Henry’s Boston Red Sox holding company over the objections of owners Tom Hicks and George Gillett, who vowed to resist an offer they said is too low.
The board reviewed two offers yesterday, and accepted the one from New England Sports Ventures. It will pay about 300 million pounds ($476 million) for the club, Liverpool Chairman Martin Broughton said in an interview, adding he expected to deal to be completed in about a week.