Liverpool
Liverpool. In May 2010, accounts were released showing the holding company of the club to be £350m in debt due to leveraged takeover with losses of £55m, causing auditor to qualify its audit opinion. The group's creditors, including the , took Gillett and Hicks to court to force them to allow the board to proceed with the sale of the club, the major asset of the holding company. A High Court judge, , ruled in favour of the creditors and paved the way for the sale of the club to formerly New England Sports Ventures , although Gillett and Hicks still had the option to appeal.
Liverpool was sold to Fenway Sports Group on 15 October 2010 for £300m. Liverpool has been described as a global brand; a 2010 report valued the club's trademarks and associated intellectual property at £141m, an increase of £5m on the previous year. Liverpool was given a brand rating of AA Very Strong.
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