Purslow confident in new owners

NESV, owners of the Boston Red Sox baseball franchise, completed a

£300million takeover after overcoming legal hurdles put in the

way by the departing Tom Hicks and George Gillett. Purslow said the

way in which NESV had remained patient through several days of

legal action and their non-leveraged takeover – in contrast to

Hicks and Gillett’s buy-out in 2007 – was a pointer for the future.

“The most important thing is that NESV have cleared us of all the

debts which, frankly, shouldn’t have been on the club in the first

place,” he said. “They’ve done so in a way which leads me to

believe that they will learn the lessons of the past and approach

the challenge of owning Liverpool Football Club in a way which I

think our fans will judge over time and which I’m optimistic will

prove to be a very positive improvement on what we’ve been through

recently.” Purslow said finally getting the deal done, in the face

of threatened legal action against him and fellow directors

chairman Martin Broughton and commercial director Ian Ayre by Hicks

and Gillett, filled him with pride. “Given how this is right up

against a deadline which could have had very serious implications

for our football club, I’m hugely relieved, hugely pleased to have

got over the finishing line” he added, referring to the Royal Bank

of Scotland loan which had to be repaid by Friday. “I wish it

hadn’t taken as long and I wish it hadn’t had the twists and turns

along the way, but it’s very pleasing to get the job done.”