Saturday, November 23, 2024

Fenway Sport Group Put Up Liverpool For Sale! (Details)

by Ita
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Liverpool

Liverpool owners Fenway Sports Group (FSG) has put Liverpool up for sale, MySportDab reports.

It is a dramatic shift for the American owners, who assumed ownership of Liverpool since 2010.

It has been confirmed that FSG is now inviting offers for the Merseyside club, and a full sales presentation has been prepared for bidders.

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FSG reportedly purchased Liverpool from its former owner George Gillet and Tom Hicks, for £300million in 2010.

Goldman Sachs and Moran, investment giants, have reportedly been recruited to oversee the sale process.

The projection is that FSG will likely demand the same or roughly the same amount for which fellow Premier League side Chelsea was sold to Todd Boehly.

Todd Boehly bought Chelsea from Roman Abramovich this year for $4.25billion, and Liverpool was valued at $4.45billion by Forbes as of May 2022.

A statement which was made available to the Athletic confirmed the development as it states that the FSG will be open to selling the club “under the right terms and conditions.”

Since hiring Jurgen Klopp from Borussia Dortmund in 2015 as the manager of the club, FSG has enjoyed a considerable level of success.

However, things have not turned out well for the club since the beginning of the season, as they made their worst Premier League start in a football season.

Despite winning their last match against Tottenham, Liverpool is struggling this season, and they are far away from the top four and the Premier League leaders, Arsenal.

However, this is not expected to influence the sales decision and outcome, as the team has been successful over the years since Klopp came in.

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