Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Liverpool Echo
Liverpool Echo
Sport
Dave Powell

FSG leaning towards 'partial sale' of Liverpool to raise millions for transfers

Liverpool owners Fenway Sports Group are leaning towards a partial sale of their stake in the Reds.

Last month it was revealed that FSG were open to offers for the Reds having been searching for minority investment for more than a year, engaging major US banks Goldman Sachs and Morgan Stanley to handle the process.

The Boston Globe, a newspaper privately owned by FSG principal John Henry, reports that the Reds owners are now leaning towards a partial sale of their ownership as opposed to a full takeover, with the club claimed to be in discussions with "an array of suitors" around either a full sale or equity purchase.

READ MORE: Dortmund chief sends message to 'preferred club' Liverpool over Bellingham deal

READ MORE: Liverpool players begged Jurgen Klopp to sign midfielder but little did they know

Sources told the Globe that a partial equity sale was the most likely outcome for FSG, with the desire to raise capital for both "player acquisition and capital improvements" at the forefront of their desire to explore their options for the club in the market.

One suggestion is that a minority partner could arrive on board and then turn their position into one of complete control further down the line. The Globe, who were present at a Boston Red Sox press event on Wednesday where Henry and other key FSG partners were in attendance, reports that sources told them that any investor "would need to be philosophically aligned with FSG’s fiscal tenets and team-building philosophies."

The report also states that while FSG remain open to offers of a full takeover they have not yet received compelling interest.

Well placed US sources told the ECHO last month that the move by FSG was "purely explorative" and was "testing the waters", the owners keen to see the value of the club as an asset in the current marketplace following the £2.5bn deal that was clinched earlier in the year for Chelsea.

The ECHO understands that Harris Blitzer Sports & Entertainment, owner of the Philadelphia 76ers NBA team, the New Jersey Devils NHL side and the Real Salt Lake MLS franchise were "mulling their options" over a potential move, although some US sources stated that it was an unlikely course of action.

READ MORE

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.