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Liverpool Echo
Liverpool Echo
Sport
Paul Gorst

Liverpool chairman Tom Werner breaks silence with update on FSG sale

Tom Werner FSG Billy Hogan Mike Gordon Sam Kennedy Fenway Sports Group

Liverpool chairman Tom Werner has confirmed Fenway Sports Group are looking at a sale of the club but says "there's no urgency" around concluding a negotiation.

Earlier this month, the American group released a statement confirming they were open to further external investment and the Reds' owners have also instructed two major US banks in Goldman Sachs and Morgan Stanley to explore how much appetite there is for an outright change of hands at Anfield.

FSG bought the club in 2010 for a knockdown price of £300m after Tom Hicks and George Gillett had driven it to the brink of administration and 12 years on, influential American finance publication Forbes value Liverpool at somewhere between £3.6billion and £3.9bn.

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