Fenway Sports Group has sold a minority stake in Liverpool to the US private equity firm Dynasty Equity. The deal ends FSG’s search for investment and will be used to pay off debts.
FSG and Dynasty, an investment firm that specialises in buying minority stakes in sports franchises, have not revealed the financial details of the deal but it is in the region of $100m-$200m (£82m-£164m). The investment does not equate to a “transfer war chest” for the manager, Jürgen Klopp. It will pay down bank debt incurred during the pandemic, capital expenditure on the new Anfield Road stand, the new Axa training centre and the repurchase of Melwood training ground, and acquisitions in the recent transfer window.
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