Liverpool owners Fenway Sports Group are hoping to extend their portfolio by purchasing Brazilian football club Cruzeiro, according to reports in South America.
Cruzeiro, who have been champions of Brazil on four occasions, currently find themselves in the second tier and are in the process of attempting to restructure their finances.
They became the first team in the country to switch from a non-profit entity to a corporate one and have been trying to attract investors.
Former superintendent of Cruzeiro, Aloisio Vasoncellos confirmed to Superesportes that they expect to receive an offer from FSG.
"The negotiation is international. There will be proposals from all sides,” Vasoncellos explained.
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“I support the proposal of the Bank of Boston, which has links with XP (Investments). They own Liverpool (England), which is the best organized and managed football club in Europe. He was even world champion and later runner-up in the world.
"This day marks this division, between the stage of disgrace, which has passed, fortunately, and the stage of grace, which looks forward.
“With a horizon, I believe, strong. Cruzeiro has assets, it has 10 million fans.”
Any potential investment would have to be ratified by football authorities, although there have been previous examples of buyouts, including the deal which saw the Red Bull group takeover the team formerly known as CA Bragantino in 2020.
Cruzeiro president Sergio Rodrigues also opened up on negotiations, although he neglected to explicitly name any parties in negotiation.
"There is interest from club owners, from individuals with funds, but we have confidentiality agreements,” he said. “People ask me to speak about a country. If I do, they will research everyone's lives and this could stop the negotiations. All successful negotiations. that we see in the market, their first step is confidentiality to work.
"What Cruzeiro fans can be sure of is that, like them, we want the best for the club. We have a very well-done committee, from XP and Alvares (and Marçal), who make the biggest mergers and acquisitions in Brazil, so we have people with the expertise to do this.”
FSG already count Liverpool and Boston Red Sox in their portfolio and have recently agreed a £656million deal to buy NHL outfit Pittsburgh Penguins.
The American ownership group which is fronted by John W Henry have held a controlling stake in Liverpool since 2010 when they agreed to takeover from controversial former owners George Gillett and Tom Hicks.
Under their ownership the Reds have lifted the League Cup, Champions League, the FIFA Club World Cup and the Premier League title.
