Football

Liverpool owner FSG prepared to sell shares in EPL club

Fenway Sports Group (FSG), the club's owner, is preparing to sell its stake in Liverpool. According to the British media, FSG wants to reduce its burden on the club. Apart from this, the company wants to get big investments from outside. The club was bought by FSG in 2010 for around £3 billion.

Fenway Sports Group (FSG), the club’s owner, is preparing to sell its stake in Liverpool. According to the British media, FSG wants to reduce its burden on the club. Apart from this, the company wants to get big investments from outside. The club was bought by FSG in 2010 for around £3 billion.

Goldman Sachs and Morgan Stanley have been tasked with finding potential buyers for the shares.

Liverpool has enjoyed their best period in an era since Fenway Sports Group bought the English club. In 2020, Liverpool won the league title after 30 years. In 2019, the UEFA Champions League was brought home. Apart from this, they also won the FA Cup and the Club World Cup. Therefore, it is believed that the price of the shares sold by them could rise to more than 4 billion pounds.

In a press release on Monday night, FSG said there have been rumors of a change in Liverpool’s ownership for some time. FSG has received offers from third parties, who are interested in buying Liverpool’s ownership stake.

FSG added in the statement, “We have said before if everything goes well and if the new shareholders show a special interest in Liverpool, it will be considered in Liverpool’s interest.”

The Liverpool Supporters’ Union is demanding the ‘Spirit of Shankly’, that the authorities make the decision in consultation with them. In the meantime, they have asked Liverpool Football Club to explain the whole incident.

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