It's not like the New York Times to be shy. But it ought to have some inside track on the proposed purchase of Liverpool FC by New England Sports Ventures, owners of the Boston Red Sox. The New York Times owns 16% of NESV. So here's this morning's copy from the Times, with my italics. You can tell it's the New York Times by the way they spell "Premiere".
Liverpol FC said Wednesday that it had accepted the offer of New England Sports Ventures, also the owners of the Boston Red Sox, to buy the Premiere League soccer club for an undisclosed sum. The deal may be worth about £300 million, a person with direct knowledge of the situation said.
For the moment, the deal is an agreement in principle, the person said, declining to be identified because he was not authorized to discuss the matter with the media.
Liverpool, one of England’s historic and highest-profile clubs, has recently disappointed fans, discontent with the team’s American owners, Tom Hicks and George Gillett Jr., who said in April that they would sell the club.
Martin Broughton, chairman of the Liverpool club, said Wednesday that the proposal “best met the criteria we set out originally for a suitable new owner. N.E.S.V.’s philosophy is all about winning and they have fully demonstrated that at Red Sox.”
Closing the deal will depend not just on the customary league approval, but also finding a resolution to the current legal dispute between the club’s board and the owners, Mr. Hicks and Mr. Gillett.
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