After a wild week of litigation on both sides of the Atlantic, British Premier League franchise Liverpool F.C. will be sold to an American investor group in a deal that fielded more than a few lawyers.

On Friday, an ownership group called New England Sports Ventures, led by Boston Red Sox owner and hedge fund titan John Henry, agreed to take control of the storied British soccer team for $481 million, Bloomberg reports. The Am Law Daily reported on the proposed sale last week when Shearman & Sterling advised Henry and NSEV on their bid for the team.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]