EUROPEAN SOCCER UPDATE: NEW ENGLAND SPORTS VENTURES ASSUME CONTROL OF THE LIVERPOOL SOCCER TEAM FRANCHISE, PAYING, 300 MILLION POUNDS (476 MILLION AMERICAN DOLLARS), WHICH RESULTED IN ENDING THE TOM HICKS-GEORGE GILLETT JR. 3 YEAR REIGN AS OWNERS OF THE LIVER POOL FRANCHISE.

THIS TRANSFER OF OWNERSHIP HAS BEEN TALKED ABOUT FOR SOMETIME, AND THE TWO ENTITIES HAVE BEEN GOING BACK AND FORTH IN COURT FOR MONTHS. THE TOM HICKS (FORMER OWNER OF THE TEXAS RANGERS) GROUP HAS BEEN CRITICIZED FOR RUINING THE LIVERPOOL FRANCHISE AND ALSO HAS BEEN BLAMED FOR THE FRANCHISES FALL FROM THE TOP TIER GROUP OF THE SOCCER WORLD.

MR. HICKS AND HIS PARTNER,  MR. GILLETT HAD VOWED TO GO FORWARD WITH THEIR 1.6 BILLION DOLLAR  SUIT AGAINST THE GROUP THAT PURCHASED THE FRANCHISE, BUT AS A RESULT OF THE COURTS POSITION, DECIDED TO ABANDON THEIR 1.6BILLION DOLLAR CLAIM, AND MAKE WAY FOR THE ACTUAL PURCHASE TO BE COMPLETED.

JOHN HENRY, THE FINANCIER WHO HEADS THE  NESV GROUP (NEW ENGLAND SPORTS VENTURES), HAS REACHED OUT TO THE FANS FOR SUPPORT, AND HAS PROMISED TO INVEST HEAVILY IN THE LIVERPOOL BRAND TO BRING BACK PROSPERITY TO THE PREMIER LEAGUE GIANT’S FRANCHISE DURING THEIR OWNERSHIP TENURE.

MYBOYSAY NATION CONGRATULATES LIVERPOOLS RELEASE FROM THEIR DEBT RIDDEN PAST, AND WISHES THE FRANCHISE GREAT SUCCESS WITH THEIR NEW OWNERS.