27 August, Tuesday, 2024
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HomeSourcesmirror.co.uk£4.3bn Liverpool takeover 'plotted' by Dubai investors who failed with 2007 bid

£4.3bn Liverpool takeover ‘plotted’ by Dubai investors who failed with 2007 bid

Interested parties are beginning to circle after Fenway Sports Group (FSG) put Liverpool up for sale, with Dubai International Capital among the contenders to take over

Investors in Dubai are weighing up purchasing Liverpool for $5billion (£4.3bn) after Fenway Sports Group (FSG) put the club up for sale, according to reports in the Middle East.

FSG are willing to offload the Reds after 12 years of ownership and released a statement on Monday confirming it “would consider new shareholders if it was in the best interests of Liverpool as a club”. Goldman Sachs and Morgan Stanley are assisting with the process as offers are invited.

Liverpool were valued at over £3.5bn by Forbes in May this year, nearly 12 times the amount FSG purchased the club for in 2010. The American sports investment company has set a £4billion asking price to part ways with the club, so it will take a hugely-rich individual, consortium or state to take over the Reds.

The prospect of Middle Eastern investors buying the Anfield side appears one of the more likely options due to the wealth of the Gulf states. In an eye-catching update on Tuesday, Arabian Business reported that Dubai International Capital (DIC) ‘could be eyeing’ purchasing Liverpool.

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