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Liverpool Echo
Liverpool Echo
Sport
Dave Powell

FSG may postpone exit strategy as Liverpool continue to deliver success

When it comes to seeing a return on investment there are few success stories in football in recent times like that of Fenway Sports Group at Liverpool.

Having won a High Court battle to wrestle ownership of the Reds away from the ruinous regime of Tom Hicks and George Gillett back in October 2010 for a sum of around £330m, the valuation of the club has soared ever since, something that shows now sign of abating any time soon.

Hicks famously described the sale as an "epic swindle", but for a football club with mounting debts and sailing dangerously close to falling into administration, something that seems unthinkable nowadays, the change of stewardship simply had to happen, with even board members at the time knowing that.

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