Fenway Sports Group put Liverpool up for sale
Fenway Sports Group (FSG) has put Liverpool up for sale.
In a dramatic shift for the American owners, who have owned the club since 2010, they are now inviting offers for the Merseyside club and a full sales presentation has been prepared for bidders.
FSG have called the shots at Anfield since October 2010 when they purchased the team from George Gillett and Tom Hicks for £300million – but it is now said they are ‘inviting offers’.
Investment banking giants Goldman Sachs and Morgan Stanley have reportedly been recruited to help with the process.
As of May 2022, Forbes valued Liverpool at $4.45billion (£3.89bn) – but with Chelsea having been sold to LA Dodgers’ owner Todd Boehly for £4.25bn earlier this year, the Merseyside giants would likely demand a matching price.
In a statement given to the Athletic, FSG said that ‘under the right terms and conditions’ they would be open to selling the club
‘FSG has frequently received expressions of interest from third parties seeking to become shareholders in Liverpool,’ FSG wrote.
‘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 have overseen an incredible amount of success at Liverpool, particularly since the hiring of manager Jurgen Klopp in 2015.
The German coach delivered a Premier League title as well as the Champions League, the Carabao Cup and the FA Cup.
FSG, who also own the baseball franchise Boston Red Sox, television network NESN, 50 per cent of Roush Fenway Racing and Fenway Sports Management, is led by John W Henry.
In 2021 FSG sold an 11 per cent stake in the company for $750m (£655m) to RedBird Capital Partners – a move which saw them reinvest that money to take a controlling stake in NHL ice hockey team Pittsburgh Penguins.
It has not been all plain sailing for FSG with regards to their relationship with Liverpool’s fans.
The group drew criticism in 2019 when they attempted to trademark the name Liverpool.
