THE New York Times Company has been confirmed as the second largest shareholder in Liverpool Football Club.
The club’s owners Fenway Sports Group released the information as required by Premier League rules which state that any ownership of more than 10 per cent must be declared.
FSG chief John Henry revealed that he and the Times group are the two biggest shareholders in the company, which owns Liverpool and the Boston Red Sox.
It was already known that the Times were significant players in FSG with their stake believed to be 16.58%.
Henry and the Times group are the only investors with more than 10 per cent of FSG, while Reds chairman Tom Werner is one of “a range of investors”.
A statement said: “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.”