Page "Liverpool F.C." Paragraph 15
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In the 2009 – 10 season, Liverpool finished seventh in the Premier League and failed to qualify for the Champions League.
At the start of the 2010 – 11 season Liverpool was on the verge of bankruptcy and the club's creditors asked the High Court to allow the sale of the club, overruling the wishes of Hicks and Gillett.
John W. Henry, owner of the Boston Red Sox and of New England Sports Ventures, bid successfully for the club and took ownership in October 2010.
Poor results during the start of that season led to Hodgson leaving the club by mutual consent and former manager Kenny Dalglish taking over.
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