Liverpool put up for sale as owners FSG release statement

Liverpool owners Fenway Sports Group (FSG) have put the club up for sale. The owners have put together a full presentation for the interested parties, according to The Athletic.

They have retained Goldman Sachs and Morgan Stanley to assist with the process of selling the club. While it is inviting offers, it is still unclear the level of interest and whether a deal will be done.




According to Mirror Football last year, FSG had turned 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 around £4.25billion.

A statement from Fenway Sports Group to The Athletic read: “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.”




FSG is owned by John W. Henry, who was one of two founders alongside chairman Tom Werner. The group sold 11% stake to RedBird Capital Partners last year for for $750m (£655m).

FSG took over Liverpool in October 2010, buying the club from American owners George Gillett Jr and Tom Hicks. They have transformed the club during that time, bringing in Jurgen Klopp, winning their first Premier League title as well as other silverware.




They have also transformed Anfield with a new Main Stand and the ongoing redevelopment of the Anfield Road Stand, as well as a move from Melwood to the £50m Kirkby training facility.

But, their sustainable spending model has drawn some huge criticism, as well as their involvement in the European Super League breakaway plot which led to a U-turn and public apology to fans.

Speaking in May, Tom Werner said FSG were in it for the long-term but they are now looking at other options for the club.

“Yes, we still see it as a long-term project,” he said. “We are hungry to win more trophies for the club.”

JB

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