LIVERPOOL can look forward to a virtually debt-free future after New England Sports Ventures (NESV) yesterday completed the £300 million (€343.6m) takeover of the club to bring a frenetic week to a conclusion.

Former Liverpool co-owners Tom Hicks and George Gillett have dropped their £1bn (€1.14bn) Texas lawsuit against Royal Bank of Scotland and the club’s directors but could still launch action in England.