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New York Times named second largest shareholder in Liverpool

The New York Times have taken a major stake in Liverpool.

The Telegraph reports the New York Times Company, America's most distinguished newspaper group, has emerged as the second-largest shareholder in Liverpool FC, according to new disclosures from the club's owner, Fenway Sports Group.

John W Henry has revealed precious little detail about the ownership structure since he took control last October, but Premier League rules have required him to reveal that he and the Times group are the two most significant shareholders in FSG, which owns Liverpool and the Boston Red Sox.

The League requires clubs to declare all owners with more than 10 per cent, prompting a revised declaration on the club's website. It reveals that Henry and the Times group are the only investors with more than 10 per cent of FSG, though Henry is understood to be the largest single shareholder.

The statement reads: "The economic interest in this company is held by a range of investors, including Tom Werner. Those holding more than a 10 per cent 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."

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