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First with the News

Liverpool Is For Sale, Owners Declare

November 7, 2022
in Sports, Top Stories
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By Victor Kanayo 

Liverpool owners Fenway Sports Group (FSG) on Monday November 7, 2022 announced their readiness to sell Premier League club.

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This was disclosed in a press statement.

A statement from Fenway Sports Group reads, “There have been a number of recent changes of ownership and rumours of changes in ownership at EPL clubs and inevitably we are asked regularly about Fenway Sports Group’s ownership in Liverpool.

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

Already, the owners have put together a full presentation for interested parties.

The club’s top brass have retained Goldman Sachs and Morgan Stanley to assist with the process of selling the club.

Whilst it is inviting offers, it is unclear the level of interest and whether a deal is likely to be done.

In 2021, FSG rejected an offer of almost £3billion from the Middle East.

Premier League rivals Chelsea were recently taken over by the Todd Boehly-led US consortium for a cost of £4.25billion, a new record in the sport.

FSG is principally owned by John W. Henry, who was one of two founders alongside chairman Tom Werner.

The group sold an 11% stake to RedBird Capital Partners last year for $750m (£655m).

RedBird recently became majority owners of Italian champions AC Milan too.

Tags: breakingEnglish Premier LeagueHeritageheritage timesheritagetimesmedialatestLiverpool FCnewsthe heritage timesthtthtafricatop stories
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