RedBird Capital Partners, the New York-based investment firm that owns 11 per cent of Fenway Sports Group, are not currently in discussions to increase their shareholding in Liverpool's owners.
RedBird, owners of both Serie A side AC Milan and Ligue 1 outfit Toulouse, have been the third biggest shareholders in FSG since they concluded a $750m deal with Liverpool's parent company back in March of 2021.
The fund, which has over $7.5bn in assets under management, were linked over the weekend by reports suggesting they were considering increasing their 11 per cent stake in FSG, who also own the Boston Red Sox MLB team and Pittsburgh Penguins NHL franchise, as part of FSG's search for outside investment and fresh capital into the business.
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However, well-placed sources in the US have told the ECHO that there are currently no talks being had between the two parties over an increase in RedBird's shareholding in FSG, nor are there presently any planned talks, with RedBird 'not involved in the Liverpool investment/sale process'.
The ECHO does understand, however, that RedBird founder Gerry Cardinale won't rule out further investment into FSG beyond the current 11 per cent that RedBird currently hold in the future, but the focus for the AC Milan owners on growing their portfolio is concentrated in other areas at present.
Liverpool owners FSG remain on the lookout for investment in the Reds. While a partial sale is understood to remain the preference for FSG and principal owner John W. Henry, the US ownership group are open to a full sale, although that would require a major offer of north of $4bn before even being considered.
There have yet to be any formal expressions of investment or takeover offers but some interest is likely to materialise in the coming weeks which could result in high level talks, which have not yet been had over any rumoured interest.
The search for investment in Liverpool was born from the potential to recapitalise the business, linked to some minority partners mulling the selling of their stake. Sources have said that RedBird could remain in play further down the line with regards to a succession plan, potentially acquiring more, but that is not on the agenda right now. The same sources have also maintained that there have as yet been no talks with the Qatar Investment Authority.
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