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© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Liverpool owner FSG prepared to sell shares in EPL club
By JAMES ROBSON LONDON©2024 GPlusMedia Inc.
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wallace
Very shocking news for many fans but also welcome by some fans. The owners of the club FSG took the club from the unstable ownership of two Americans to a very stable one. Expansion of the Anfield stadium. They have earned a very good profit over eleven years. From about £300 million to £4.5 billion.
In April this year, private equity firm RedBird Capital Partners purchased an 11% stake in Fenway Sports Group for a reported $750 million. NBA superstar LeBron James holds a 2% stake in Liverpool which is now valued at $43 million.
Fenway might also be seeking a part sale for a cash injection.
Will the club go for Middle East oil money?
The feelings of the fans must be considered.
YNWA
painkiller
Fenway Sports Group said in a statement it remained committed to the club it bought in 2010 and has guided to a new era of success.
Great success story of a USA investor group saving a stumbling British soccer team.
Well done America.
wallace
painkiller
you forgot to mention the failure of the previous American owners, George Gillett and Tom Hicks, who milked the club. John Moores regretted selling the club.
Jimizo
Liverpool’s success over the last few years is more down to the genius of Klopp. Liverpool have been financially outgunned by others but he kept them competitive. That very probably isn’t sustainable.
What kind of backing do you need to challenge City? Newcastle might have the answer but it’s not a pleasant one.
Alfie Noakes
Yeah right, according to Transfermarkt, City paid 60m Euros for Haaland, while Liverpool paid 80m Euros for Darwin Núñez. Klopp's a good guy and a great manager but he's talking out of his arschloch again. John Henry is worth $4bn by all accounts, yet if he doesn't want to spend any of that money on more better players it's hardly City's fault....
wallace
The players were informed 10 days ago that Fenway was looking for new investments.
painkiller
wallaceToday 07:54 am JST
It's been well-known in the US that FSG has been seeking to buy NBA, or NHL teams.
wallace
I don't think that it is related to the sale of the club or even part of the club.
wallace
In April 2021, John Henry, the club’s principal owner, was instrumental in the launch of the Super League, which would have changed the landscape of European football forever.
Earlier that month, FSG had rejected a £3bn offer from the Middle East to buy the club, perhaps in the belief that the forthcoming Super League would create a dream scenario.
Just over 18 months on, the failure of the Super League has been cited as a key factor in FSG’s decision to put the club up for sale.
The FSG has always been about making money.
Bought the club for £300 million in 2010. Spent £1.25bn. Sales £636bn. Net spend £618 million.
painkiller
wallaceToday 11:26 pm JST
It is the exact reason--they want to free up some cash for the investment.
wallace
painkiller
so desu ka.