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Friday 15 October 2010

The Leverages Of Power – 5

And so, at the eleventh hour of the very last day before a potential slide into administration, New England Sports Ventures (NESV) bought Liverpool FC, and the burden of debt loaded onto the club by its previous owners Tom Hicks and George Gillett was lifted.

What this new era of ownership hold for the Reds is not yet certain, but there is one sign that the new order “gets it” in a way that their predecessors did not. NESV chairman Thomas Werner started his statement thus: “We recognise that Liverpool Football Club is an historic institution ultimately grounded in the community and the fans”.

That would be a good start. Meanwhile, Tom Hicks is still threatening a lawsuit against, well, anyone at the club in an effort to recoup something. Given the legal reverses he and Gillett suffered in the courts this week, he might as well save whatever funds he has left and leave the scene.

Back at Anfield, they now have owners who are in the business of winning. That could, of course, be another false Liverpool dawn – there have been plenty in the past two decades – but NESV’s track record thus far is one of improvement.

Tickets for Goodison on Sunday? Hmmm, that’ll cost you. It will now.

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