According to the Telegraph, the Premier League will be able to approve Liverpool’s transfer of ownership by Friday, October 8. Billionaire John W. Henry and New England Sports Ventures have made a £300million for the Reds, and the club has notified the league of the potential sale.
While much of the complaints about Liverpool’s current situation have centered on the American owners, it appears that the club will move from American hands to American hands. Obviously a change in ownership will not be a magical balm that heals all of Liverpool’s wounds, but the hope is that the transition will at least settle some of the worries surrounding the team. Perhaps when the dust settles, the talent of the squad and the manager will be apparent once again. At least, that’s what supporters hope at this moment, with their squad languishing in the relegation zone.