All you need to know about FSG’s sale of Liverpool

FSG's sale of Liverpool
In their latest statement, the owners of Liverpool, Fenway Sports Group have indicated that they are willing to part ways with the club.

According to a report by The Athletic on Monday, FSG have put the club up for sale and have recruited the services of Goldman Sachs and Morgan Stanley to help with the sale.

The American group have owned the club since 2010 and have overseen the success of the club in recent times.

Fenway Sports Group bought Liverpool FC from Tom Hicks and George GIllett in October 2010 for just £300m but the club is now worth around £3.6billion according to Forbes.

In a statement sent to ECHO on Monday, FSG said:

“There have been a number of recent changes of ownership and rumors of changes in ownership at EPL clubs and inevitably we are asked regularly about Fenway Sports Group’s ownership in Liverpool.

“FSG has frequently received expressions of interest from third parties seeking to become shareholders in Liverpool. FSG has said before that under the right terms and conditions we would consider new shareholders if it was in the best interests of Liverpool as a club.

“FSG remains fully committed to the success of Liverpool, both on and off the pitch.”

FSG have spent around £250m on infrastructure, opening a new Main Stand in 2016 for around £110m. After that, the AXA training Centre was completed for around £50m in 2020.

Liverpool are just a few months away from finishing their £80 million Anfield Road expansion project, which will increase the stadium’s capacity beyond 61,000.

Although Liverpool have improved on the field over the past seven years under Klopp’s leadership, winning every major trophy at their disposal, including their first league title in three decades, FSG has frequently come under fire for underspending in the transfer market.

This includes earlier this year, when the net spend was only about £10 million after a campaign in which the Reds advanced to the Champions League final and finished second in the Premier League.

According to a report from April 2021, the owners rejected a £3 billion offer for the team from a Middle Eastern bidder before reaching an agreement with Red Bird Capital for 10% of the FSG portfolio, which provided the group with an infusion of capital worth £530 million.

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