Liverpool: Can the New Owners Change the Current Situation at Anfield

Today we woke up to the news that New England Sports Ventures agreed to buy the club pending the approval from the Premier League and a legal dispute over the board members trying to sell the club. Current owners Hicks and Gillette are trying everything in their power to stop the sale.

The deal seems to be a positive one as the club is currently going through one of it's worst phases. If the situation isn't fixed they could see themselves relegated to The Championship (Level 2).

While a portion of the blame can be attached to the new manager Roy Hodgson, a major part is that of low investment into the club in recent years by the owners.

But the question is, can the new ownership bring enough investment quick enough to lift Liverpool from their slum and make them into the winning outfit that they are known for?

The deal is rumored to be in the region of £300 million.

New England Sports Venture also owns the Boston Red Sox, Fenway Sports Group and Rousch Fenway Racing.

John Henry who is the co-founder of New England Sports Venture and the principal owner also has other major investments in Motor racing. It is estimated his net worth is around $860 million.

Compare him to the likes of Roman Abramovich who is valued at an estimated $11.2 billion and Manchester City owner Sh Mansour bin Zayed Al Nahyan with an estimated $18 billion to his name—although this figure cannot be exact due to his unknown investments and assets.

Looking at these figures it's more than enough to suggest that the new owners at Liverpool won't be splashing the cash. However, John Henry has been in the sporting industries since the formation of his company New England Sports Venture in 2002. He will come with some experience and look to rebuild Liverpool using the current structure rather than going on a shopping spree for every available superstar.

A big decision first up will be whether to stay with current coach Roy Hodgson. The former Fulham manager has had a torrid time at Anfield, having to explain himself in disappointing apology speeches after almost every match.

Another important task at hand will be to keep Spanish World Cup winner Fernando Torres at the club. The forward has found himself sidelined with injuries more often than not and could be frustrated by the lack of silverwear since his arrival in England.

So while we understand that the new ownership won't bring the millions that came to Standford Bridge or the Eastlands, a new outlook and investment structure could be exactly what they need.

Building for the future, hoping for a decent performance from now to the end of the season, finishing in the top 10, and working their way back into contention to challenge for the title come next season.

Now we wait on the legal dispute between the board members and owners George Gillett and Tom Hicks, who vowed to resist any offers for a possible takeover, although they were voted 3-2 to be ousted by the board. 

The Premier League outcome on the approval for a takeover is also in progress, although there are few doubts that it won't be approved.

The urgent need for intervention and rescuing of Liverpool FC as an asset to the league is important. Their participation and rivalry are unmatched. When on form they are amongst the most dangerous in European football.

Liverpool play their next match against Everton on 17 October, in what is built up to be a thrilling encounter.