Join Now  | 
Home About Contact Us Privacy & Security Advertise
Soccer America Daily Soccer World Daily Special Edition Around The Net Soccer Business Insider College Soccer Reporter Youth Soccer Reporter Soccer on TV Soccer America Classifieds Game Report
Paul Gardner: SoccerTalk Soccer America Confidential Youth Soccer Insider World Cup Watch
RSS Feeds Archives Manage Subscriptions Subscribe
Order Current Issue Subscribe Manage My Subscription Renew My Subscription Gift Subscription
My Account Join Now
Tournament Calendar Camps & Academies Soccer Glossary Classifieds
A success story only America produces
by Paul Kennedy, October 7th, 2010 12:45AM
Subscribe to Soccer America Daily

MOST READ
TAGS:  england, soccer business

MOST COMMENTED

[ENGLAND]The news that Liverpool has been sold to New England Sports Ventures, which owns the Boston Red Sox and is headed by John Henry, should come as good news to suffering Liverpool fans.

Henry is a success story as only America produces. He never finished college -- he got sidetracked touring with a rock band -- but made his fortune by creating a mathematical formula to predict commodity prices. (One of his stock funds make a 91 percent return in 2008 when the Standard & Poor’s 500 Index plunged 38 percent.)

A man about town, Henry and his close business friends were known as the Cirque du Rire — the circus of laughs -- until he remarried in 2009.

Henry is a hard-core night owl, staying up until early in the morning to check the Asian markets. Asked why he stays up so late, he famously replied, "Going to bed before that is like leaving in the fifth inning of a ball game."

Henry's ownership group includes former television executive Tom Werner and baseball executive Larry Lucchino. New England Sports Ventures also owns sports network NESN, the home of the Red Sox, and is also involved in NASCAR racing. Its Fenway Sports Group has dabbled in soccer, partnering with Fulham and putting on the Celtic-Sporting Lisbon exhibition in July.

But its most famous property is, of course, the Red Sox, winners of World Series titles in 2004 and 2007 under NESV's watch after an 86-year drought dating back to the Sox's sale of Babe Ruth to the New York Yankees in 1918 so their owner, Harry Frazee, could, as the legend goes, finance his Broadway musical, "No, No, Nanette."

For a while, it looked the Red Sox would move from Fenway Park and build a bigger stadium elsewhere. But they chose to renovate and add to cozy Fenway.

With 631 straight sellouts at Fenway Park, the Red Sox are one of the toughest tickets in American sports.

Henry is revered among Sox fans. His new wife, Linda, was not a baseball fan when they met and she did not understand how strong the connection was until they were touring the Louvre in Paris and were stopped by four men, all Red Sox fans, on the verge of tears when they ran into Henry and Linda.

Growing up on his father's farm in Arkansas, Henry admiredStan Musial of the St. Louis Cardinals. He first owned the Florida Marlins, tried to buy the Anaheim Angels but sold the Marlins when the Red Sox became available.

Henry says there's nothing like the joy of owning a baseball team. Interviewed by the Boston Globe two years ago, he said, "Where could you go after this? You'd have to retire."

Or buy a soccer team.



0 comments
  1. C. Zee
    commented on: October 7, 2010 at 8:18 a.m.
    Liverpool FC has been a sinking ship for the last decade. Even while they won a trophy or two, the rot was there with a bucket load of bad purchases and the squandering of revenues. A serious "dry docking" might save the ship from being scuttled. If that means relegation or a fire sale of players - then by all means - Henry should do it.
  1. Tom Jedrzejewicz
    commented on: October 7, 2010 at 9:43 a.m.
    This is great news for Liverpool fans, they just don't know it yet. NESV will hire good soccer people, stay out of the day-to-day operations, provide sufficient money, and will absolutely not be a distraction.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Soccer America Daily
What They're Saying: Jordan Morris    
"I know you guys don't like it when I use the outside of my right [foot]." ...
MLS Talking Points: Sounders reward themselves, again    
Their playoff hopes would not have been totally extinguished if they had lost to the LA ...
Video Pick: Own goal by Galaxy's Van Damme    
The Los Angeles Galaxy did lead during a 4-2 loss to Seattle, but only for 15 ...
Lauren Holiday has healthy baby girl    
Lauren Holiday, who retired last year at the age of 28 to start a family with ...
What They're Saying: FIFA anti-racism task force member Osasu Obayiuwana    
"We never had a single meeting under his chairmanship. I wrote him, more than once, asking ...
U.S. Abroad: Orozco and Arriola back on top with Xolos    
Michael Orozco started and Paul Arriola was a late sub as Tijuana won, 2-1, at Santos ...
MLS Week 29: Results & Standings    
The New York Red Bulls, Toronto FC and New York City FC became the first three ...
U.S. Abroad: Another convincing win for Pulisic's Borussia Dortmund    
Borussia Dortmund completed its second perfect week in a row when it beat Freiburg, 3-1, to ...
NWSL: Reign and Flash fight for final playoff berth    
The Seattle Reign, winner of the 2014 and 2015 NWSL Shield as regular-season champion, still has ...
NWSL: Edwards to retire after three pro titles    
Orlando Pride midfielder Becky Edwards, 28, will retire after Saturday's Pride game against FC Kansas City ...
>> Soccer America Daily Archives