Advertisement

FSG 'Put Liverpool Up For Sale': What Is The Truth?

Fenway Sports Group (FSG) put Liverpool up for sale. Is that true?
A full sales presentation has been produced for interested parties. FSG has looked at opportunities in the past but decided against moving forward with them. It is unclear whether or not a deal will eventually be done, but FSG is inviting offers.

Put Liverpool Up For SaleSource: Goal

A report from The Athletic on Monday said two major US banks Goldman Sachs and Morgan Stanley had been appointed to assist with the process as FSG explored their options after seeing Liverpool rocket in value during their 12-year stewardship.
In a statement sent to the ECHO, FSG maintains they are "fully committed" to the ongoing success of the Reds under Jurgen Klopp but admit they are open to the possibility of further investment from elsewhere.

Put Liverpool Up For SaleSource: Football 365

The group has owned Liverpool since October 2010, when it bought the club from George Gillett Jr. and Tom Hicks. During that time, Liverpool appointed Jurgen Klopp as manager. They won their first Premier League title in 2019-20, which was also their first championship in 30 years. They also captured the FA Cup, Carabao Cup and the Champions League.
During FSG’s ownership, Anfield has been transformed, with a new £110 million Main Stand, while the Anfield Road Stand is being redeveloped. That £80m project will be completed next summer and boost capacity to around 61,000. FSG has also overseen the club’s move from Melwood to a new £50m training facility in Kirkby.

Put Liverpool Up For SaleSource: Sky sports

It is principally owned by John W. Henry, who was one of two founders alongside chairman Tom Werner. FSG also owns the Red Sox, NESN, 50 percent of Roush Fenway Racing and Fenway Sports Management.
FSG sold an 11 percent stake in the company for $750m (£655m) to RedBird Capital Partners last year and subsequently bought a controlling stake in top-flight NHL ice hockey team the Pittsburgh Penguins.

Put Liverpool Up For SaleSource: RTE

There have been controversial elements to FSG’s ownership of the club. In 2019, they were criticized after the club tried to trademark the name Liverpool, with supporters’ group Spirit of Shankly campaigning against the move.
Liverpool were also one of six Premier League sides to commit to the failed European Super League last year. After protests, they withdrew from the project. Henry apologize publicly to the fans. When Werner spoke to The Athletic in May, he insisted FSG wasn’t going anywhere. He said: “Yes, we still see it as a long-term project. We are hungry to win more trophies for the club.” The most recent takeover of a major Premier League side was the Todd Boehly-led purchase of Chelsea, which cost £2.5billion.
 
Aubtu.biz is a website that provides you with Entertainment updates and creative ideas to brighten your day. Don’t hesitate to visit our site to know more about updated celebrity and entertainment news.
Share this article
Advertisement
 
Advertisement