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Liverpool owners FSG have received 'NO bids' since putting the club up for sale three months ago

Feb. 6, 2023
Liverpool owners FSG have received 'NO bids' since putting the club up for sale three months ago

Fenway Sports Group are reportedly yet to receive any offers for Liverpool since they put the club up for sale three months ago. 

In November, the American owners put the Reds up on the market for £2.7billion - 12 years since they bought the club for around £300million.

The Athletic have reported that Liverpool are struggling to find any suitable buyers for the club, whether it be a full or partial sale - with FSG preferring the latter scenario. 

It's said that a number of reasons have contributed to this, including Liverpool's dire form this season as well issues surrounding the global economy.

The Glazer family's decision to put Manchester United up for sale two weeks after Liverpool has also been blamed for their struggles.

Liverpool's 3-0 defeat by Wolves is the latest setback on the pitch for Jurgen Klopp's side, who are 21 points off the top of the table and barely clinging on to a place inside the top ten. 

The global economy is struggling to shake off the effects of Covid-19 and the war in Ukraine, while interest rates went up on both sides of the Atlantic last week.  

Manchester United's own search for investment has cast a shadow over Liverpool's takeover hopes - though the Red Devils are not doing too much better themselves. 

Sir Jim Ratcliffe is the only party to publicly express interest, though it was reported in the Mail on Sunday that formal bids for United are set to be submitted in the next week.

The sale, which is expected to attract initial offers of at least £4bn - down from the Glazers' desired price tag of £6bn to £8bn - has attracted considerable interest from potential buyers in the US, the Middle East and Asia.

Both sets of owners decided to test the market following Todd Boehly's £4.25bn takeover of Chelsea last year.

Investment banks Goldman Sachs and Morgan Stanley have been enlisted by FSG to assist in the process of finding a party who would either be prepared to invest money for a percentage - or buy Liverpool outright.

FSG bought Liverpool for £300m from Tom Hicks and George Gillett in 2010 and have turned the Merseyside club back into one of the foremost football institutions on the planet.

They helped end the club's 30-year wait for a league title and won their sixth Champions League title, as well as reaching two further finals.

It was previously reported that FSG have held talks with Saudi and Qatar consortiums.

It's understood that the Qatar Investment Authority would prefer to buy a controlling stake in Liverpool, while FSG have signalled their preference for the sale of a minority share initially.  

Meanwhile, US Investment Firm RedBird Capital Partners are considering upping their stake at Liverpool.  

It is understood preliminary talks between RedBird and Liverpool owners FSG have taken place.

The group paid £533million for an 11 per cent stake in FSG in 2021 - giving them an indirect stake in the Anfield club.

RedBird are now actively exploring whether to increase their investment in a move that could earn FSG £1billion and allow them to retain ownership of Liverpool.

A source close to the firm said: 'There is a growing feeling that FSG are not interested in selling Liverpool, and are increasingly drawn to the idea of selling another minority stakeholding. A further 20% sale of FSG could generate £1billion.'

'FSG are also watching the sale of Manchester United with interest. If United sells for £7billion, then the market value of Liverpool could rise significantly.'

RedBird have have distanced themselves from owning the club outright, however it is understood they may be receptive to increasing their stake with John Henry's company, having bought AC Milan and a majority shareholding in Toulouse.

Liverpool fan group Spirit of Shankly and Manchester United Supporters Trust joined forces this week to call for the forthcoming Government White Paper on Football to strengthen the rules around who can own and run football clubs in England.

In a joint statement, they said: 'We welcome the plans for an Independent Regulator tasked with developing stronger rules around football club ownership, but there is a danger it will come too late for the country's two biggest and most successful clubs.'

It is believed the failed attempt to form a part of the European Super League is behind Liverpool's willingness to sell the club.

Liverpool were part of a cabal of major European clubs that announced in April 2021 that they planned to break from UEFA to form their own continental competition. The plan, however, was foiled within days not least due to supporters of the English clubs involved staging protests outside of their respective stadiums.

FSG was formed in 2001 and has since enjoyed remarkable success across baseball and football, deploying what has come to be known as the 'Moneyball' strategy of recruiting and building teams.


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