Prospective new Liverpool owners New England Sports Ventures are determined to restore the club's former glories after they agreed a £300million deal on Wednesday.

The deal with the America-based group, who have made a success of their takeover of the Boston Red Sox, is subject to a legal challenge by current owners Tom Hicks and George Gillett, who want to block the sale and hold out for a bigger valuation so as not to lose £140million on the deal, but the remainder of the three-man board - led by chairman Martin Broughton - are confident the sale will go through.

And NESV have moved to allay fears about more American ownership at Anfield as they released a statement saying: "NESV wants to help bring back the culture of winning to Liverpool FC. We have a proven track record, shown clearly with the Boston Red Sox."

The statement continued: "The team has won two World Series Championships over the past six years. We will bring the same kind of openness, passion, dedication and professionalism to Liverpool FC.''

NESV also promised to rid the club of their crippling debts.

The group said they will remove all "acquisition debt" from Liverpool - some £200million - if their takeover is successful.

"NESV wants to create a long-term financially solid foundation for Liverpool FC and is dedicated to ensuring that the club has the resources to build for the future, including the removal of all acquisition debt," the statement added.

"Our objective is to stabilise the club and ultimately return Liverpool FC to its rightful place in English and European football, successfully competing for and winning trophies."

NESV are principally owned by John W Henry and have been credited with restoring the fortunes of the Red Sox.

The Premier League have given a huge boost to the takeover by saying they would be ready to give the deal the go-ahead as early as Friday.