Liverpool owners FSG looking to partially sell the club to fund transfers
Early in November, Liverpool owners Fenway Sports Group (FSG) chaired by John. W Henry made the decision to invite stakeholders to take over the club from the conglomerate and put the club up for sale.
However, newer reports from The Boston Globe (h/t Liverpool Echo) also partially owned by Henry claim that FSG are leaning towards a partial sale of the club, instead of a 100% acquisition. US banks Goldman Sachs and Morgan Stanley are taking care of the sale proceedings on FSG’s behalf.
For the fans though, it is a win-win situation as Liverpool’s successful owners in FSG would continue to be a part of the club and also, part stakeholders will invest money in the club for transfers, which is something FSG has lacked and has drawn criticism for the same in recent seasons.
Sources have informed Globe that FSG’s ultimate aim with partial equity sale is to bring in capital to further channel it toward “player acquisitions and capital improvement”. That would in turn, obviously benefit the club as spending power increases, but FSG’s strict policies which have been ever so successful for the Reds will be in place.
New Owners for the Reds
The current owners have been in their position since October 2010, when they took over from Hicks and Gillett who took the club to the verge of bankruptcy. Ever since that time, under their American owners, Liverpool have grown back to become the superpower they were back in the day.
However, FSG’s ‘Moneyball’ method of business, is no long-lasting model, and the fact that they are open to investors comes at just the right time wherein the Reds need a lot of reinforcement in terms of recruitment and other factors.
But it would still be news that doesn’t please the section of the fanbase that would have wanted new owners. We’ve seen Redbird capital pump money into the club – but the effects of that haven’t really been felt by the supporters in the transfer market so far.
Nevertheless, new owners coming or not, the Reds should not shift their focus from the need for a new midfielder, and if possible as early as the January window, nothing better than that. The summer of 2023 promises a lot of new beginnings for the club, both on and off the field.
More Liverpool News:
- Matthew Upson slams Liverpool forward Darwin Nunez for Uruguay performance against Portugal
- Liverpool have rejected the chance to sign Brighton & Hove Albion forward Leandro Trossard
- Former Liverpool defender Jose Enrique believes England manager Gareth Southgate does not trust Trent Alexander-Arnold
The Reds will not be in action in the top flight until boxing day when the Reds face Aston Villa in their return to Premier League action. One would expect a less-than-full power side with most Reds only returning from the World Cup during that time frame.
