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Broughton: Liverpool sale worth £300m

Current owners Tom Hicks and George Gillett had been looking for about 600 million pounds, according to local media, and Broughton said the pair had broken written agreements in a boardroom battle that is complicating the sale.

The American duo instructed Barclays Capital in April to find a buyer and appointed British Airways chairman Broughton to oversee the sale.

"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," Broughton told Sky Sports News.

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

"It was the last chance for them to leave Liverpool with their heads high. It's a pity they've chosen to go this route."

He said there would be money for new players and to create a 60,000-seater stadium in a "short timetable" - whether it be a new ground or an expansion of Anfield.

"They (NESV) want to be judged by what they do rather than by what they say and can demonstrate what they plan to do by what they have done," said Broughton.

"(The Red Sox was) a classic example of taking a very famous, traditionally historic major team which has seen better days and restoring them to their glory. I think it is a parallel which demonstrates action.

"Their mentality is all about winning. They have invested a lot of money in players there, they have committed to making the necessary investment in players at Liverpool."