Whatever the outcome of Fenway Sports Group’s search for new investment in Liverpool, the sales presentation that Goldman Sachs and Morgan Stanley are conducting on its behalf will look far more attractive than it would have done when John W Henry and co acquired the club in the high court 12 years ago. They can sell Liverpool, part or whole, in a much better state than when they found it.
Another towering stand is currently under construction at Anfield that will take the stadium’s capacity above 61,000 when completed in time for the start of next season. The new Anfield Road stand is costing around £80m, £20m more than anticipated before the Covid-19 pandemic, and is the third major development overseen by Liverpool’s owner. The three most expensive capital projects in the club’s history – Anfield Road, the £114m main stand and the £50m AXA training centre in Kirkby – have all taken place on FSG’s watch. In the process it has resolved stadium and redevelopment issues that had dogged Liverpool and the wider Anfield area long before their arrival.
