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Liverpool Echo
Liverpool Echo
Sport
Paul Gorst

FSG statement as Liverpool 'put up for sale'

Fenway Sports Group are believed to be open to the full sale of Liverpool FC as they ramp up their efforts of attracting major new investment to the club.

The American owners have been custodians at Anfield since October 2010 but are now actively searching for interested parties.

A report from The Athletic on Monday said two major US banks in Goldman Sachs and Morgan Stanley had been appointed to assist with the process as FSG explore their options after seeing Liverpool FC rocket in value during their 12-year stewardship.

LIVE: FSG put Liverpool up for sale - reaction

The American group purchased the club from Tom Hicks and George Gillett in October 2010 for £300m but influential American business publication Forbes now suggests the club are worth £3.6billion.

In a statement sent to the ECHO on Monday, FSG maintain they are "fully committed" to the ongoing success of the Reds under Jurgen Klopp but admit they are open to the possibility of further investment from elsewhere.

The statement reads: "There have been a number of recent changes of ownership and rumors of changes in ownership at EPL clubs and inevitably we are asked regularly about Fenway Sports Group’s ownership in Liverpool.

"FSG has frequently received expressions of interest from third parties seeking to become shareholders in Liverpool. FSG has said before that under the right terms and conditions we would consider new shareholders if it was in the best interests of Liverpool as a club.

"FSG remains fully committed to the success of Liverpool, both on and off the pitch."

FSG have spent close to £250m on club infastructure during their tenure, opening a new Main Stand in 2016 to the tune of around £110m before the £50m AXA Training Centre was complete in November 2020.

Liverpool are a few months away from the completion of their Anfield Road expansion project that will move Anfield's capacity beyond the 61,000 mark and will cost roughly £80m.

However, despite the progress made on the pitch during the last seven years under Klopp's management - where Liverpool have won every top-level trophy available to them, including a first league crown in three decades - FSG have often been criticised for a lack of spending in the transfer window, including earlier this year when the net spend stood at around £10m after a season where the Reds went all the to the way Champions League final, finished second in the Premier League and won both domestic cups.

A report in April 2021 claimed the owners had turned down a £3bn offer for the club from a bidder in the Middle East before an agreement was made with Red Bird Capital for 10% of the FSG portfolio, which gave the group an injection of capital worth £530m.

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