New York Times Company Is Liverpool’s Second-Largest Shareholder

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    One of America’s prominent sports franchise owners and perhaps the nation’s most well-known athlete have already made recent headlines for their interests in major English soccer clubs.

    Now, American ownership’s takeover on the Premier League resumes with news that the New York Times Company is the second-largest shareholder in Liverpool FC, one of the most successful teams in the United Kingdom with 18 championships.

    Just days after Denver Nuggets owner Stan Kroenke announced he has increased his stake in Arsenal, Fenway Sports Group, the sole owner of Liverpool, announced in a statement that the New York Times Company is among the two biggest shareholders in the club.

    Due to Premier League rules, Liverpool was forced to dislose the names of any shareholder with more than a 10 percent stake.

    “The economic interest in this company is held by a range of investors, including Tom Werner,” the statement said. “Those holding more than a 10% 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.”

    Miami Heat forward LeBron James secured a minority stake in Liverpool last week.

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    New York Times Company Is Liverpool’s Second-Largest Shareholder