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Liverpool Echo

Sport

Dave Powell

FSG investor reveals $350m Liverpool regret after being 'shut down' in takeover attempt

Liverpool FSG Gerry Cardinale George Gillett Tom Hicks RedBird LeBron James AC Milan Goldman Sachs Toulouse

Fenway Sports Group partner Gerry Cardinale says that one of the biggest regrets in his career was not purchasing Liverpool in 2008.

Cardinale, the founder of FSG’s third largest shareholder RedBird Capital Partners, had been working for US investment bank Goldman Sachs at the time and had urged the firm to make a move on a controlling stake in the Reds at a valuation of $350m.

At the time, the deeply unpopular reign of George Gillett and Tom Hicks was in situ and interested parties were circling and ready to take over the club, including current Newcastle United part owner Amanda Staveley alongside Dubai International Capital.

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