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Liverpool agree sale to Red Sox owner

The Premier League club said on Wednesday it had accepted a 300 million pounds offer from New England Sports Ventures (NESV) but the deal is being complicated by the club facing a legal challenge from its current owners.

On Tuesday, Americans Tom Hicks and George Gillett sought to replace two members of the five-man board with their own people in a final bid to retain control with the BBC quoting the pair as saying they would resist any sale that undervalued the club.

The proposed deal's price tag of 300 million includes 200 million in writing down all acquisition debt and taking on some additional working capital debts and other liabilities.

The club's American owners would also not have been happy to hear that a sale to NESV has the support of Liverpool's major creditors Royal Bank of Scotland (RBS), according to a source familiar with the situation.

Liverpool chairman Martin Broughton said he was disappointed the current owners had "tried everything to prevent the deal from happening" but added the potential new owners were the best people for the job and would provide funds for new players.

"It was the last chance for them to leave Liverpool with their heads high," Broughton, speaking on Sky Sports News, said of the current owners. "It's a pity they've chosen to go this route."

"Part of the terms of me taking on the role was that they gave a written undertaking that only I could change the board... and they also gave a written undertaking that they would not interfere and frustrate any reasonable sale," he said.

"This is frankly a flagrant abuse of those two written undertakings."

Fans have held many protests calling for their departure, blaming the club's worst start to a season for more than half a century on a lack of new players, and struck a note of caution despite being pleased that they could be getting new owners.