A British judge ruled against Liverpool's American owners Wednesday, clearing the way for the sale of the debt-ridden Premier League club after a bitter boardroom battle.
The owners of the Boston Red Sox and a Singapore billionaire are both bidding to buy the club, with a decision expected by the Liverpool board on Wednesday night.
High Court Judge Christopher Floyd ruled that current Liverpool co-owners Tom Hicks and George Gillett Jr. do not have the power to oust the boardroom rivals who sanctioned the sale.
The board agreed last week, against the wishes of Hicks and Gillett, to sell the club to New England Sports Ventures for $476 million.
The New England group, which runs the Red Sox and is headed by financier John Henry, welcomed Wednesday's court ruling as a "huge step forward" for Liverpool.
The company said it has a "binding agreement in place" with the Liverpool board and looks forward to concluding the deal.
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