Liverpool, historically England's most successful soccer club, will likely be sold to New England Sports Ventures, parent company of the Boston Red Sox, for $476 million. The sale to NESV, a Boston-based company owned by billionaire John W. Henry, is still subject to English Premier League approval and a legal challenge from Liverpool owners Tom Hicks and George Gillett, who say the offer is too low. The five-time European champion, which won the last of its 18 English league titles in 1990, was put up for sale in April with debt of $558 million. Liverpool's owners bought the club for $350 million, including debt, in 2007. The deal is expected to be completed in mid-October.
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