 have sold a minority stake to Dynasty Equity - almost a year after John W Henry started his search for new investment opportunities. Dynasty is a United States private equity firm focused on acquiring minority interests in sports franchises and other related assets. However, it's understood the money brought in from the sale will be used to pay off bank debt incurred for the Covid-19 pandemic, as well as improvements to Anfield, building the AXA Training Centre, repurchasing Melwood for the women's team and signings made in the summer transfer window. This means Klopp will not get any of the £164m investment for further player transfers as Liverpool aim to provide a successful future both on and off the pitch. "Our long-term commitment to Liverpool remains as strong as ever," said FSG president Mike Gordon. "We have always said that if there is an investment partner that is right for Liverpool then we would pursue the opportunity to help ensure the club's long-term financial resiliency and future growth. "We look forward to building upon the long-standing relationship with Dynasty to further strengthen the club's financial position and sustain our ambitions for continued success on and off the pitch." Liverpool spent £146m on signings during the summer, with Dominik Szoboszlai arriving as the Reds' most expensive recruit from RB Leipzig. The Hungarian signed in a deal worth £60m and he has made quite the impression at Anfield so far, scoring the second goal in their win over Leicester on Wednesday. Alexis Mac Allister, Ryan Gravenberch and Waturo Endo also signed as Klopp oversaw a midfield transformation, with no fewer than six pl){kind=link}
Fenway Sports Group have sold a £164million minority stake to US investment firm Dynasty Equity – but Jurgen Klopp will not be able to spend any on transfers
Liverpool boss Jurgen Klopp will not receive a transfer warchest to improve his squad despite the £164million investment that has been pumped into the club.
Fenway Sports Group (FSG) have sold a minority stake to Dynasty Equity – almost a year after John W Henry started his search for new investment opportunities. Dynasty is a United States private equity firm focused on acquiring minority interests in sports franchises and other related assets.
However, it’s understood the money brought in from the sale will be used to pay off bank debt incurred for the Covid-19 pandemic, as well as improvements to Anfield, building the AXA Training Centre, repurchasing Melwood for the women’s team and signings made in the summer transfer window.
This means Klopp will not get any of the £164m investment for further player transfers as Liverpool aim to provide a successful future both on and off the pitch. “Our long-term commitment to Liverpool remains as strong as ever,” said FSG president Mike Gordon.