Liverpool owner Henry: Hard work starts now
John W Henry has identified the 'real challenges' facing Liverpool
With the Liverpool takeover saga finally complete, new owner John Henry has vowed to tackle the task of restoring the club to the top of English football "head-on".
Henry admitted there are "real challenges" to be overcome in turning Liverpool's fortunes around, but that in the process of purchasing the club, areas of improvement have already been identified and work can be started immediately.
New England Sports Ventures, of which Henry is head, completed their protracted £300million takeover on Friday. NESV have a good track record in improving teams, with their significant investment in the Boston Red Sox baseball franchise after a 2001 buy-out bringing two World Series titles after a long drought.
Henry has had plenty of time to make an assessment of the situation at Anfield as a sale was agreed 10 days ago but has been the subject of numerous court disputes by former owners Tom Hicks and George Gillett. And now his group have taken control the project can begin.
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May, 2012
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