Liverpool's prospective new owners vow to wipe out Anfield debt

06 October 2010 17:01
Boston Red Sox owners set to seal takeover at crisis clubHicks and Gillett battle to stay in power amid boardroom rowLiverpool legend Carragher backs 'good deal for the club'Despairing fans told deal will boost investment on the pitchBut just who is new man John William Henry II? Read more here...Liverpool's prospective new owners have promised to clear the club of debt and bring back the glory days in their bid to snatch power at Anfield.[LNB]New England Sports Ventures have agreed a £300million deal that is set to end of the reign of Tom Hicks and George Gillett.[LNB]And in a move that will be welcomed by the club's despairing fans, they have announced that they plan to move Liverpool back into the black.[LNB] Changing times: Liverpool are set to come under new ownership[LNB] 'NESV wants to create a long-term financially solid foundation for Liverpool FC and is dedicated to ensuring that the club has the resources to build for the future, including the removal of all acquisition debt,' they said in a statement.[LNB]'Our objective is to stabilise the club and ultimately return Liverpool FC to its rightful place in English and European football, successfully competing for and winning trophies.[LNB] Broughton attacks Hicks and Gillett over attempt to block takeover dealSo, just who is John William Henry ll... the man set to take control of Liverpool?Reds could escape points deduction if duo's company hits administrationTakeover timeline: Six tumultuous years behind the scenes at AnfieldLIVERPOOL FC

Source: Daily_Mail