New England Sports Ventures completes $ 480 million deal to buy Liverpool . Previous owners remove legal barrier to what they called `` illegal '' sale . Tom Hicks and George Gillett now planning a $ 1.6 billion damages action . The English courts have described claims made to date as `` not realistic and abusive . '' Comment:
New England Sports Ventures completes $ 480 million deal to buy Liverpool . Previous owners remove legal barrier to what they called `` illegal '' sale . Tom Hicks and George Gillett now planning a $ 1.6 billion damages action . Comment: