The Red Sox' owner is poised to buy Liverpool F.C.

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Liverpool FC of the English Premier League has agreed to be purchased by New England Sports Ventures, better known as the parent company of the Boston Red Sox. I’m going to refer to this as the Red Sox buying into the EPL, however, because it’s simpler and makes the story more interesting to me even if it’s arguably misleading. You want accurate news? Listen to NPR.

Anyway, you may recall that Liverpool is the club owned by former Rangers owner Tom Hicks. You may also recall that Hicks’ ventures into EPL ownership have been an utter disaster. It’s been claimed that Hicks’ adventures in English soccer had nothing to do with his problems with the Rangers, but even if you believe that, such adventures were evidence of some serious mission creep on Hicks’ part.  You’d think that, based on his experiences, any other American baseball mogul/soccer novice would stay the hell away from the EPL.

But based on the linked story anyway, it may not be a bad move for the Red Sox. Seems that if the deal goes through they’d be getting the club for the price of the outstanding debt. Which, while still a lot of money, is way, way less than other EPL teams have gone for, and what Hicks reportedly wants for the team.

Which is also what may sink the deal. Hicks, the majority shareholder, is reportedly unhappy with the cut rate price to which the board has agreed.  I know even less about English corporate governance than I do about soccer, but I’m not exactly sure how a board of directors can force a majority shareholder to give up his stake and, if he’s not doing so, how can one purchase a controlling interest in the team?

Oh well, that’s what lawyers are for. Or solicitors. Gosh, I hope this becomes a big story with baseball implications, because I’d love an excuse to start spelling things wrong (“Hicks won’t honour the agreement . . .”) and using phrases that my Anglophile friends use like “full stop” and “bloody.”

Padres to place Franchy Cordero on DL, activate Hunter Renfroe

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Kevin Acee of the San Diego Union-Tribune reports that the Padres will place outfielder Franchy Cordero on the 10-day disabled list and activate outfielder Hunter Renfroe from the DL on Monday.

Cordero, 23, has been slumping, batting .140 with four extra-base hits in 47 plate appearances dating back to May 11. The Padres noticed that the forearm issue has been affecting his swing in recent games. Manager Andy Green said, “It was something where he could swing a certain way to manage it. But swinging that way was not him.”

Renfroe, 26, has been out since mid-April due to inflammation in his right elbow. He hit .200/.281/.440 in 57 PA prior to landing on the disabled list. Renfroe played in 10 rehab games with Triple-A El Paso.