FSG puts Liverpool up for sale

Fenway Sports Group (FSG) has put Liverpool up for sale.

Prepared a complete sales presentation for interested parties.

FSG had previously considered the possibilities but declined to move forward with them. It is unclear whether a deal will be struck, but FSG is inviting offers.

Goldman Sachs and Morgan Stanley have been retained to assist in the process.

A statement from FSG, also owned by the Boston Red Sox The Athletic read: “There have been a number of ownership changes and rumors of ownership changes at EPL clubs recently and we will inevitably be asked about Fenway Sports Group’s ownership in Liverpool.

“FSG has received frequent expressions of interest from third parties wanting to become shareholders in Liverpool. FSG has previously stated that they would consider new shareholders on the right terms if it was in Liverpool’s best interests as a club.

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“FSG for Liverpool’s success, both on and off the pitch.”

The group has owned Liverpool FC since October 2010, when it bought the club from George Gillett Jr. and Tom Hicks.

At that time, “Liverpool” appointed Jurgen Klopp as a coach. They won their first Premier League title in 2019-20, their first in 30 years. They also won the FA Cup, the Carabao Cup and the Champions League.

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During FSG’s ownership, Anfield has been transformed with a new £110 million Main Stand, while the Anfield Road Stand is being redeveloped. The £80m project will be completed next summer and will have a capacity of 61,000.

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FSG also oversaw the club’s move from Melwood to a new £50m training facility in Kirkby.

It is mainly John W. Owned by Henry, he was one of the two founders along with Chairman Tom Werner. FSG also owns 50 percent of the Red Sox, NESN, Roush Fenway Racing and Fenway Sports Management.

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FSG last year sold an 11 percent stake in the company for $750m (£655m) to RedBird Capital Partners and later bought a controlling stake in NHL hockey team Pittsburgh Penguins.

FSG’s ownership of the club has controversial elements. In 2019, they faced criticism after the club attempted to trade the Liverpool name, with the Spirit of Shankly supporters’ group campaigning against the move.

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Liverpool were also one of six Premier League teams to commit to the failed Europa League last year. After protests, they abandoned the project. Henry publicly apologized to his fans.

When talking to Werner The Athletic In May, he claimed that FSG is not going anywhere. He said: “Yes, we still see it as a long-term project. We are hungry to win more trophies for the club.”

The most recent acquisition of a major Premier League side was Chelsea’s £2.5 billion buyout led by Todd Bohly.

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(Photo: Getty Images)



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