On October 15, 2010, New England Sports Ventures, the investment company chaired by John Henry (and now called the Fenway Sports Group), completed its purchase of Liverpool FC from George N. Gillett, Jr. and Tom Hicks. Henry’s purchase of the club, which was concluded despite the protests of Hicks and Gillett (who believed that the club was worth far more than the £300 million Henry paid), brought a close to one of the most controversial periods in the history of Liverpool FC, both on and off the field. In 2005, two years before Hicks and Gillett bought the club for £218.9 million, Liverpool had been crowned European champions, having defeated AC Milan on penalty kicks in a thrilling final. Only a few months after they bought the club in February 2007, Liverpool once again appeared in the final of the Champions League, this time losing to AC Milan. However, by the end of Hicks’s and Gillett’s tenure as owners, Liverpool had receded to the depths of the English Premier League, residing in 18th place (out of 20 teams) when John Henry completed the purchase of the Merseyside club. Continue reading A Closer Look at Liverpool FC’s American Owners »


