Liverpool owners FSG admit ‘lot of interest’ and hint at way to sell club

  • Bookmark
  • For the latest from the pitch sign up for our football newsletter

    We have more newsletters

    Liverpool owners Fenway Sports Group admitted there has been “a lot of interest” from potential new partners since announcing their decision to sell the club.

    The Reds’ American ownership revealed earlier this month that they are looking for new investors, with US banks Goldman Sachs and Morgan Stanley being hired to assist in the sale of the Anfield club after 12 years of stewardship.

    FSG bought the club for £300million in October 2010 and have seen it grow to be worth around £3.6billion, according to Forbes. They have now suggested they would consider a gradual takeover in their first public comments since announcing the shock plans.

    READ MORE: 7 billionaires who could buy Liverpool as FSG put club up for sale – including Elon Musk

    FSG partner Sam Kennedy told The Boston Globe in the latest update: “There has been a lot of interest from numerous potential partners considering investment into the club. It is early days in terms of exploring possibilities for possible investment into Liverpool.

    “Mike Gordon has done an extraordinary job of leading the club for the past decade-plus. He will be taking a step back from that role and (Liverpool CEO) Billy Hogan will be taking on more and more. Billy’s someone we're particularly proud of in the (Boston) Red Sox front office, he grew up in our organisation.”

    Several parties have reportedly expressed interest in buying Liverpool outright. But Kennedy in the latest report has suggested a minority stakeholder could be brought in before acquiring enough shares to gain majority control over time, thereby becoming the new owner.

    Kennedy, who is also the CEO of the Boston Red Sox, added: “Great companies grow by adding value to their business. One way to increase that value from time to time is to sell assets or add investors.

    “Does that mean FSG is going to sell Liverpool? I do not know. It’s John Henry’s, Tom Werner’s and Mike Gordon’s job to responsibly run Fenway Sports Group and they felt this was an ideal time to explore possible opportunities for investment into the club.”

    READ NEXT:

    • Five notorious World Cup crocks from Beckham to Rooney as England miss key stars
    • Liverpool track Mason Mount as Chelsea talks with England World Cup star on hold
    • Fans baffled by TV schedule decision for Man Utd vs Man City and Liverpool vs Chelsea
    • Liverpool FC
    • Premier League

    Source: Read Full Article