Liverpool's Football Club's proposed sale took another legal twist Thursday after a High Court judge in London condemned the English Premier League side's co-owners for attempting to block the sale in a Texas court.
The future ownership of Liverpool Football Club, one of the most famous and successful names in world sport, remains unclear as a power struggle involving the club board, its co-owners, its financial backers and prospective buyers plays out in courtrooms in London and Texas.
A British High Court judge ruled against the American owners of Liverpool Football Club Wednesday in their bid to stop the team's sale to a U.S. group.
The battle over the ownership of one of England's top soccer teams took a new twist Tuesday, as a businessman from Singapore put in a new offer for the team -- entirely in cash.
Liverpool's American owners will contest the English football club's proposed sale in the British High Court on Tuesday, and if they win it could see the five-time European champions put into administration.
The future of Liverpool Football Club will be decided in London's High Court next week after current owners Tom Hicks and George Gillett mounted a legal challenge to the proposed buyout by New England Sports Ventures (NESV).
Liverpool FC have agreed in principle to sell the team to New England Sports Ventures. CNN's Alex Thomas reports.
Liverpool Football Club, one of England's most prestigious teams, announced Wednesday that its board has agreed to sell the team to New England Sports Ventures, the company that owns baseball's Boston Red Sox.
Liverpool Football Club, one of the most famous and successful names in world sport, was on Tuesday on the brink of being sold to the owner of the Boston Red Sox baseball team following months of uncertainty over the club's future.
They do call the summer transfer window silly season, but this one's got me flummoxed.
Liverpool chairman Martin Broughton claims there have been "several" bids for the club after Chinese businessman Kenneth Huang's interest was confirmed to CNN.
Liverpool's failure to qualify for the Champions League has been put in stark relief by figures showing the English club's American owners made a loss of $81 million for the year up to July 31, 2009.
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