Report: Fenway Sports Group Puts Liverpool Up for Sale
Liverpool won its first Premier League trophy and a Champions League title under the ownership group, which also owns the Boston Red Sox and Pittsburgh Penguins.
Fenway Sports Group (FSG) is inviting offers to buy Liverpool, effectively putting the club up for sale, according to The Athletic’s David Ornstein.
Per the report, Goldman Sachs and Morgan Stanley have been hired to explore the process while a sales presentation is available for potential buyers.
FSG, which is also the ownership group led by John W. Henry that also owns the Boston Red Sox and Pittsburgh Penguins, purchased the club in 2010. Under FSG, Liverpool won its first-ever Premier League trophy in 2019-20, won the Champions League and FIFA Club World Cup in 2019 and claimed the FA Cup last season.
“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 told The Athletic in a statement.
“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.”
Last year, FSG sold an 11% stake in the company for £655 million ($750 million) to RedBird Capital Partners, which recently purchased AC Milan for $1.2 billion. Over the last decade, the ownership group funded a new training ground for Liverpool along with massive renovations to Anfield, which included a £110 million main stand.
However, FSG was also heavily criticized for the decision to include Liverpool in the Super League while it clashed with fans after trying to trademark the name “Liverpool” in 2019.
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