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Home Sports

Liverpool put up for sale

BizPoint by BizPoint
November 7, 2022
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Liverpool put up for sale
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Fenway Sports Group (FSG), owners of Liverpool FC, has put the English Premiership Club up for sale.

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The firm has prepared a sales presentation for bidders and is working with Goldman Sachs and Morgan Stanley to find a new buyer for Liverpool.

Reports said the decision to sell the club is coming months after Chelsea FC was sold for £4.25 billion.

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The American sports company acquired Liverpool FC from George Gillett and Tom Hicks in October 2010.

As of May 2022, Forbes valued Liverpool at $4.45 billion (£3.89 billion). But with Chelsea having been sold to LA Dodgers’ owner Todd Boehly for £4.25 billion earlier this year, the Merseyside giants would likely demand a matching price.

 

READ ALSO:JUST IN: FG announces date for resumption of Abuja-Kaduna train service 

 

FSG had previously received offers from third parties who expressed interest in taking up stakes in Liverpool. The company said it was always open to these offers and ready to consider them, given the right terms and conditions.

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