John Henry and his Red Sox ownership team have had a bid accepted for Liverpool Football Club in England, according to Sky Sports News.
The deal is not finalised yet, and Henry’s team are one of two potential buyers who have had their bid accepted.
Furthers details are currently scarce.
Liverpool FC, arguably the most storied club in English football, have been in the midst of a financial crisis brought on by the leveraged buyout of the club by American owners Tom Hicks and George Gillet.
That buyout left the club with a bevy of debts, and threatened it with a potentially crushing restructuring process through creditor RBS. The deadline for Liverpool to refinance is October 6. The club’s two owners owe 237.4 million pounds ($377.5 million) to RBS.
Henry formerly traded in commodities futures and started the firm John W. Henry and Company. Whether it is Henry himself or the broader Red Sox ownership team involved in the bid is unknown.
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