Wednesday, October 6, 2010

NESV Release Official Statement Regarding Takeover

The following is a statement
from New England Sports
New England Sports Ventures
("NESV") can confirm that their
bid for Liverpool FC has been
selected by the Club's Board of
Directors and agreement has
been reached with the Board to
purchase the Club. NESV wishes
to extend its appreciation to the
Board for their diligence and
their efforts on behalf of
Liverpool FC and its supporters.
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 stabilize the Club and
ultimately return Liverpool FC to
its rightful place in English and
European football, successfully
competing for and winning
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.
Background on NESV
Created in 2001, New England
Sports Ventures is one of the
largest sports, media and
entertainment companies in the
world with a proven track record
of success for each of its
subsidiaries. NESV's portfolio of
companies includes: 100 percent
of the Boston Red Sox, a Major
League Baseball club; 80 percent
of New England Sports Network,
a regional sports television
network; 100 percent of Fenway
Sports Group, a sales and
marketing company; and 50% of
Roush Fenway Racing, a NASCAR
racing team.
NESV is led by Principal Owner
John Henry and Chairman Tom
Werner, who collectively have
more than 30 years of
experience as owners in Major
League Baseball. This ownership
group has been voted as the
best in MLB by the readers of
the Sports Business Journal in
each of the past two years, and
in 2009 Sports Illustrated
selected this group as the
number one ownership group in
NESV Achievements
From 2002 through 2009, the
Boston Red Sox have had the
second highest regular season
winning percentage in MLB, have
qualified for the postseason in a
club record six of the past seven
seasons, and have won more
postseason games and World
Series Championships than any
other club. In addition to a
commitment to winning, NESV
has made a significant investment
into extensive improvements to
Fenway Park, resulting in
additional seating, more
concourse space, expanded
concessions options, and an
overall enhancement to the
Fenway Park fan experience. The
Red Sox have also been deeply
committed to supporting the
community. Since 2002, the Red
Sox Foundation has donated
more than $38 million to worthy
charitable programs throughout
New England, and the team
through its Community Relations
efforts has given away more than
27,000 autographed items and
Fenway experiences to be used
in fundraising efforts, and has
helped facilitate more than 4,000
player and alumni appearances
in the community.
New England Sports Network
has had the highest rated MLB
games for the past six seasons
from 2004 through 2009, and in
2009 delivered the highest
television household ratings
among all regional sports
networks in the United States.
NESN has also created a large
amount of unique and original
television content and is at the
forefront of the industry in terms
of digital media.
In addition to assisting with
sponsorship sales for both the
Red Sox and NESN, Fenway
Sports Group serves as the
exclusive sales agency for other
tier one properties and brands
such as Major League Baseball
Advanced Media, Boston
College, and the Deutsche Bank
Championship PGA Tour event;
helping many of its clients grow
sponsorship revenues by more
than 20% annually. FSG also
manages all non-baseball events
hosted at Fenway Park, including
the hockey events centered
around the 2010 NHL Winter
Classic, the Fenway Football
Challenge, and major concerts.
FSG provides specialized sports
business consulting services for
other professional sports teams,
assisting the Miami Dolphins in
selling the naming rights deal for
Sun Life Stadium.
Roush Fenway Racing is one of
NASCAR's premier racing teams
and has won 32 championships
and more than 360 races in drag
racing, sports car and stock car
racing; as well as five
championships across NASCAR's
three premier series.
John Henry, Principal Owner
Henry's background includes
finance and agriculture, and he
is a former limited partner of the
New York Yankees and sole
owner of the Florida Marlins. He
is in the Futures Hall of Fame.
He sits on the Executive Council
of MLB and manages the Roush
Fenway Racing relationship. He is
an active board member of
Major League Baseball Advanced
Media (MLBAM) and specializes
in digital media issues. Henry is
passionate about soccer and lives
in Boston, Massachusetts and
Boca Raton, Florida.
Tom Werner, Chairman
Werner's background includes
Harvard, ABC, and Carsey-
Werner, and he is the former
owner of the San Diego Padres.
He produced some of the
biggest hit series in television
history such as The Cosby Show,
Roseanne, 3rd Rock from the
Sun and That 70's Show. His
primary responsibility within
NESV is the New England Sports
Network (NESN). Werner
maintains a residence in Los
Angeles and Boston and is
passionate about the business of

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