FSG remain committed to pursuing a multi-club model despite suffering a voluntary setback. The American outfit – who oversees a portfolio containing Liverpool, Boston Red Sox, Pittsburgh Penguins and RFK Racing – withdrew from talks to purchase a controlling stake in Bordeaux. Ben Jacobs added further detail on the matter on X (formerly Twitter), noting […]
The post After Bordeaux: Ben Jacobs drops update on FSG’s next move after withdrawing from talks appeared first on The Empire of The Kop.
FSG remain committed to pursuing a multi-club model despite suffering a voluntary setback.
The American outfit – who oversees a portfolio containing Liverpool, Boston Red Sox, Pittsburgh Penguins and RFK Racing – withdrew from talks to purchase a controlling stake in Bordeaux.
Ben Jacobs added further detail on the matter on X (formerly Twitter), noting Fenway’s genuine interest in the Ligue 2 outfit. In the meantime, John W. Henry and Co. will pursue an alternative club ‘likely in Europe’.
More on FSG's withdrawal from talks with Bordeaux. In the end, some insurmountable challenges.
FSG wanted Bordeaux to be a standalone entity within the organisation rather than a 'feeder' club to Liverpool.
Bordeaux initially viewed as a strong fit and FSG genuine in wanting… https://t.co/v47cU2wbe3
— Ben Jacobs (@JacobsBen) July 16, 2024
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Meanwhile, Bordeaux face serious financial hurdles ahead of the 2024/25 season owing to significant stadium costs, a large wage bill and other overheads.
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Whilst some may question the rationale of building up another outfit, we at Empire of the Kop welcome this ethical ownership strategy.
There were serious concerns on our end that the purchase of another club would see scenes elsewhere in French football – notably with Troyes (City Group) and Strasbourg (BlueCo) – replicated under Fenway’s watch.
Ultimately, there are other areas in which Liverpool can benefit from such a relationship, with a local presence in France sure to bolster our scouting capabilities.
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The post After Bordeaux: Ben Jacobs drops update on FSG’s next move after withdrawing from talks appeared first on The Empire of The Kop.
