Liverpool owner FSG open to selling club

Liverpool’s owner, Boston-based Fenway Sports Group (FSG), is ready to sell its controlling stake in the club, sources have told ESPN, 12 years after buying the six-time Champions League winners for just £300m.

As first reported by The Athletic, FSG has engaged investment banks Goldman Sachs and Morgan Stanley to assist in the process of finding a potential buyer. Sources familiar with the situation told ESPN that an information memorandum detailing the possible sale was sent to potential investors last month.

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The sources also added that while FSG is inviting bids and preparing to offload its entire stake in the club, the Liverpool owner is also prepared to consider outside investment offers.

According to sources, Liverpool’s valuation could exceed £4 billion due to the club’s trophy-winning history, global fan base and commercial value.

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In a statement, FSG said: “There have been several recent ownership changes and rumors of ownership changes at EPL clubs, and inevitably we are regularly asked about Fenway Sports Group’s ownership in Liverpool.

“FSG has frequently received expressions of interest from third parties wishing to become shareholders in Liverpool. FSG has previously said 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 Liverpool’s success, both on and off the pitch.”

Sources said the collapse of plans for a breakaway European Super League in 2021 — Liverpool were the driving force behind a bid to create a new non-relegation NFL-style league featuring Europe’s biggest clubs — and the sale of Chelsea for 4.25 billion pounds in Perhaps both were significant factors in FSG’s decision to test market interest in Liverpool.

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Chelsea’s previous owner Roman Abramovich received £2.5bn for the sale of the club — the proceeds of which have been frozen by the UK government due to sanctions against the Russian businessman — and new owners Todd Boehly and Clearlake Capital have pledged to invest a further £1.75 billion pounds at the club.

As a historic powerhouse, sources believe Liverpool will generate bids in excess of the £2.5bn they paid Abramovich for Chelsea.

Since taking control of the club from American businessmen Tom Hicks and George Gillett, FSG, who also own the Boston Red Sox, have enjoyed a period of success for Liverpool in England and Europe, with Jurgen Klopp’s side winning all the major honors with the exception of the Europa League.

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Liverpool ended a 30-year wait to win the English Premier League title in 2020, moving into second place on the all-time list with 19 titles behind Manchester United (20), and their 2019 Champions League triumph against Tottenham was their sixth, which making them the most successful English team in the competition.

The club are in the midst of a £120m redevelopment of Anfield Road stand at Anfield, but the financial power and United and Abu Dhabi-owned Manchester City make it difficult for Liverpool and FSG to compete for the most expensive signings.


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