| More uncertainty for Red Sox’ Liverpool bid | 10.12.10 at 1:22 pm ET |
The Red Sox’ bid for Liverpool FC faces further uncertainty after billionaire Peter Lim said that he was increasing his offer to buy the British soccer club, the Associated Press reports. The New England Sports Ventures (NESV) bid of $476 million was approved last week by the board of the soccer club.
But the sale of the club is currently in court, with the Royal Bank of Scotland (which holds most of the club’s debt) trying to force the sale of the club, over the objections of current owners Tom Hicks and George Gillett Jr. Meanwhile, Lim announced that he was upping his bid to $507 million, while also saying that he would make $63 million available to the club to pursue players during the transfer window.
The current owners claim that the sale figure undervalues the club. Red Sox principal owner John Henry, in Twitter messages addressed to Liverpool’s supporters, suggested that he remains hopeful that the NESV purchase will go through.
“Everyone is hoping for the best,” Henry tweeted. “There have been enough twists and turns. Hopefully all gets sorted out soon; LFC moves forward.”
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