Liverpool edge closer to a takeover as talks held with Saudi Arabian and Qatar-based parties
The Mail (h/t The Express) claims that Liverpool FC are getting closer to a takeover by the day as recently, the club representatives held a meeting with Saudi Arabian and Qatari conglomerates.
The current owners Fenway Sports Group chaired by John W Henry, announced their decision to put the club on sale earlier this month.
As far as the economics of the deal are concerned, news of a £3b takeover is hitting the shelves. That is a significant surge in FSG’s initial investment in Liverpool back in 2010. They took over as owners from Hicks and Gillett for merely £300m just a little bit more than a decade ago when the club was close to bankruptcy.
An agreement is under negotiations with Saudi and Qatari groups who have shown interest in acquiring the club as per the Mail. FSG director Mike Gordon will oversee any transactions in Liverpool’s sale.
Even though there has been a lot of friction between the supporters and the club owners, mainly due to the idea of the European Super League, from a wider perspective, FSG has been a good owner of the club.
From their shrewd operation in the transfer market to being tight-pockets, FSG’s model of business has been fairly successful for Liverpool. The Reds ended their 30-year wait for a league title and also won the UEFA Champions League under FSG’s reign.
Moreover, the appointment of Jurgen Klopp has been a masterclass in itself. The German has won the Reds all the trophies the English top tier has to offer and much more. The way he transitioned the side is truly commendable.
Liverpool takeover soon?
However, the fact that even Manchester United are up for sale might be an unwanted hurdle in the Reds’ takeover as their rivals present a better brand value than that of the Merseysiders and could be a more attractive prospect for any potential buyers and might cause a clash of investors.
Fans would hope for a final gift from FSG before the takeover, though. Them buying a midfielder, and hopefully, Jude Bellingham, as the Englishman would solve the most prevalent of the Reds’ problems in the middle of the park.
More Liverpool Transfer News
- Florian Plettenberg’s update on Konrad Laimer offers Liverpool hope
- Mason Mount contract talks to re-open with Chelsea amid Liverpool links
- Liverpool and Manchester City in the race for Atalanta star Giorgio Scalvini
It wouldn’t be an unrealistic expectation to expect a few signings in January. It would be like repainting a house before making a sale.