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John Henry rejects relegation report

Updated: October 20, 2011, 9:08 PM ET
Associated Press

BOSTON -- Liverpool owner John Henry, who also owns baseball's Boston Red Sox, denied on Thursday that foreign owners in the English Premier League want to end the relegation and promotion system.

Richard Bevan, the chief executive of the League Managers' Association, said this week that some of the American and Asian owners of Premier League teams have been talking about scrapping the system that sends the bottom three teams to the second-tier Champions League.

But Henry called that ...

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