Liverpool’s owners, Fenway Sports Group (FSG), have surprisingly put the English Premier League club up for sale. A report from Athletic confirmed the news, which also shook the rest of the clubs.
Reports suggest that Goldman Sachs and Morgan Stanley will help speed up the club sale process. Owners are inviting takeover bids to sell their club. But the details of the interested parties are still unknown.
A Mirror report suggested that FSG turned down a nearly £3bn takeover bid from the Middle East. Recently, the American consortium led by Todd Boehly bought Chelsea for £4.25 billion, setting a new record in the world of football.
According to Forbes, the club has a valuation of £3.5 billion in the current scenario. An official FSG statement suggests: “FSG has frequently received expressions of interest from third parties seeking to become Liverpool shareholders. FSG have 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. But he also stated: “FSG remains fully committed to Liverpool’s success, both on and off the pitch.”
All the details so far on the Liverpool sale
The news will surely come as a shock to Jurgen Klopp, as he has always defended the owners when they were criticized for not spending much.
Back in 2020, the manager spoke: “The relationship was exceptional. It was from day one, actually. From that moment we had a very, very good relationship on a professional and personal level. with Mike [Gordon]We work closely together, that’s the way things are.”
In 2020, FSG sold an 11 per cent stake in the Reds for £655m. At the time, RedBird Capital boss Cardinale also showed interest in increasing his ownership stake in the six-time European champions. He stated in 2021: “We didn’t sign that for that purpose.”
But Liverpool fans will be worried as one of the Reds’ most successful owners in recent years will soon be gone.
The club clinched the 19th league title after a long time just a few years ago. Aside from that, the property also oversaw development off the course. After building a new main stand, Anfield Road Stand is currently undergoing refurbishment. They have also established a new facility in Kirby.
But the FSG ownership faced a major backlash when it decided to join the European Super League project in April 2021. In the end, it apologized to its fans for that act.
Chelsea’s latest acquisition may have influenced the owners to sell their club to test the market. But the club’s arch-rivals Manchester United are rumored to be on the same path. The decision of the FSG to join the Superliga somehow pointed to the future sale of the club before the last official announcement.