Liverpool Owners Seek New Investment
The owners of Liverpool announced they would “examine new shareholders” in response to rumours that the team was up for sale, casting doubt on Liverpool’s future plans.
The Athletic stated that Fenway Sports Group (FSG), who paid £300 million for Liverpool in 2010, is “inviting proposals” for the team.
Here, we examine the circumstances around a prospective sale of one of the largest football teams in the world, which might bring in as much as £4 billion.
The American business, which also owns the sports team the Boston Red Sox, declared that it “remains completely dedicated to the success of Liverpool, both on and off the pitch.”
In the twelve years since they took over at Anfield, eight titles have been won, including six under Jurgen Klopp.
He was appointed manager in 2015, helped transform the club’s culture, and led the team to its first league championship in 30 years as well as the Champions League trophy.
At the time of their acquisition, Virgil van Dijk and Alisson Becker were the most expensive goalkeeper and defender in the world, respectively. Liverpool has also turned ‘cheap’ bargains like Mohamed Salah into elite players.
By the conclusion of the 2017–18 fiscal year, the club had reported record post–tax earnings of £106 million, even though the majority of the £300 million had been spent to settle bank debts accrued by predecessors George Gillett and Tom Hicks.