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Friday, October 8, 2010

Liverpool see-saw

Liverpool owner to fight takeover bid

ONE of Liverpool's American owners said on Thursday he would fight through the courts to block the bid by the owners of the Boston Red Sox baseball team to take over the Premier League club.

The Liverpool board consisting of Martin Broughton, managing director Christian Purslow and commercial director Ian Ayre outvoted Hicks and Gillett in agreeing the sale. However, in an effort to keep control of the side, Hicks and Gillett have claimed they have replaced Purslow and Ayre with Hicks' son Mack and Lori Kay McCutcheon, a senior executive of Hicks' company.

The current owners claim that the move gives them a majority on the board and therefore the ability to block any sale.

Liverpool chairman confident takeover will succeed

Liverpool chairman Martin Broughton said on Thursday he was confident the takeover of the Premier League club by the owners of the Boston Red Sox baseball team would go ahead.
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Broughton believes an expected attempt by the club's current American owners to fight the 300-million-pound (475-million-dollar) deal in the courts will fail.

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