The prospective new owners of Liverpool have promised to free the club from the burden of 'acquisition debt' when they take charge at Anfield.
New England Sports Ventures are poised to take control of the ailing Premier League outfit, as soon as a deal can be reached with fellow Americans Tom Hicks and George Gillett.
A statement from NESV read:"NESV wants to create a long-term financially solid foundation for Liverpool FC and is dedicated to ensuring that the club has the resources to build for the future, including the removal of all acquisition debt.
"Our objective is to stabilise the club and ultimately return Liverpool FC to its rightful place in English and European football, successfully competing for and winning trophies.
"Since 2001, New England Sports Ventures has made successful investments in sports and entertainment properties.
"Our portfolio of companies, including the Boston Red Sox and Fenway Park, New England Sports Network, Fenway Sports Group and Roush Fenway Racing are all committed to one common goal: winning.
"NESV wants to help bring back the culture of winning to Liverpool FC.
"We have a proven track record, shown clearly with the Boston Red Sox. The team has won two World Series Championships over the past six years. We will bring the same kind of openness, passion, dedication and professionalism to Liverpool FC.
"We are hopeful with regard to the pending legal and English Premier League procedures now underway, however, in light of these issues, we will respectfully refrain from comment or further actions at this time."Subscribe to Football FanCast News Headlines by Email