• Premier League

New York Times revealed as Liverpool stakeholder

ESPNsoccernet staff
April 13, 2011
Liverpool can count the New York Times among their part-owners © PA Photos
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American ownership's hold on the Premier League's elite clubs continues with the news that the New York Times Company owns a stake of 16.58% in Liverpool Football Club.

Following Stan Kroenke's move to take over Arsenal, Fenway Sports Group, the owners who wrested control from George Gillett and Tom Hicks in October, have released the information as required by Premier League rules which state that any ownership of more than 10 per cent must be declared.

A statement from FSG said: "The economic interest in this company is held by a range of investors, including Tom Werner.

"Those holding more than a 10 per cent interest are John Henry and the New York Times Company (which is quoted on the New York Stock Exchange). John Henry and Tom Werner are generally responsible for the management of Fenway Sports Group."

It was revealed last week that NBA megastar Lebron James has also invested in the club, while chairman Werner is one of "a range of investors".

© ESPN Sports Media Ltd.
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