When Liverpool chairman Tom Werner spoke to the Boston Globe outside the Major League Baseball owners meeting in New York back in October he was quizzed on what kind of timeframe there could be on a Reds sale.
Earlier in the month Fenway Sports Group had been revealed to be ready to listen to offers for the Reds, with a valuation of $4bn (£3.3bn) likely to see only offers above and beyond considered.
But FSG weren't set on selling, as their statement suggested in early November, with the Liverpool owners also seeking a partial sale of the club and realising some new capital by welcoming in minority partners. US investment banking giants Morgan Stanley and Goldman Sachs had both been engaged for some time to aid the process of outside investment, with ECHO sources in the US having stated that a 'strategic partner' would be the preferred outcome, one who could bring both capital and expertise and who, potentially, could accrete their stake over time to take the mantle from FSG.
