 In a carefully-constructed 91-word statement, Fenway Sports Group have confirmed they are open to offers for Liverpool while balancing on a fine line that underlines their commitment to ensuring the team's continued on-field success. Effectively, as first reported by The Athletic, they are saying: the club is for sale but only at the right price and there may also be the potential to buy a minority stake. This is not a firesale but John Henry's willingness to consider bids for the club his group purchased 12 years ago should not be that surprising considering the keys to Anfield cost them £300m and a rival Premier League club sold to US-based investors for £2.5bn earlier this year. Liverpool Football Club put up for sale as owners FSG release statement FSG, above everything, is an investment firm that seeks to profit and this autumn's collapse of the pound points to it being a good time for American investors. Jurgen Klopp's recent comments about struggling to compete with state-owned clubs may also now read differently with this development in mind. Yet a potential sale leads to myriad questions - from who could take over to the status of one of FSG's key investors, the RedBird Capital Partners investment group that purchased a 10% slice last year and has since purchased controlling stakes in AC Milan and Toulouse. When RedBird's investment in FSG was announced in March 2021 it placed the value of the company at $7.35bn. FSG also own the Boston Red Sox, the Pittsburgh Penguins ice hockey team and a TV network - but Liverpool, according to valuations, will be worth about £3.5bn, according to Forbes. Gerry Cardinale of){kind=link}
The New York-based investment firm, who have links to A-list stars such as LeBron James and Drake, own 10% of Liverpool’s current ownership group and recently bought Serie A champions AC Milan
In a carefully-constructed 91-word statement, Fenway Sports Group have confirmed they are open to offers for Liverpool while balancing on a fine line that underlines their commitment to ensuring the team’s continued on-field success.
Effectively, as first reported by The Athletic, they are saying: the club is for sale but only at the right price and there may also be the potential to buy a minority stake.
This is not a firesale but John Henry’s willingness to consider bids for the club his group purchased 12 years ago should not be that surprising considering the keys to Anfield cost them £300m and a rival Premier League club sold to US-based investors for £2.5bn earlier this year.
FSG, above everything, is an investment firm that seeks to profit and this autumn’s collapse of the pound points to it being a good time for American investors.