Sources: Liverpool hold preliminary takeover talks with £373billion sovereign wealth fund

Sources: Liverpool hold preliminary takeover talks with £373billion sovereign wealth fund

Wayne Veysey

Founder & Managing Director AUTHORITY Former chief correspondent at Evening Standard, Goal and Press Association with nearly three decades in national, regional and digital news and sports journalism. Wayne directs the network’s news strategy and high-level operations. FOCUS Editorial direction for the 11-site network and newsroom management. THE BRIEF Wayne oversees the network’s editorial standards across the network. He provides the final sign-off on all headline scoops, ensuring content across all platforms meets the standards required for a high-velocity newsroom.

Published on

Liverpool have held preliminary takeover talks with the Qatar Investment Authority, sources have told Football Insider.

It is believed that QIA would prefer to buy a controlling stake in the Premier League giants, whose owners Fenway Sports Group have signalled their preference for the sale of a minority share initially.

Qatar Sports Investment (QSI) - a subsidiary of the QIA - own a majority stake in French giants Paris Saint-Germain, but expressed a desire to expand into the Premier League earlier this year.

Qatar's sovereign wealth fund, which Bloomberg report is worth £373billion, has been linked with takeovers for Manchester United and Liverpool following statements from both clubs that they're open to investment.

The Athletic reported in November that Liverpool owners FSG put the club up for sale, although it wasn't clarified whether they would prefer a minority investment over a full takeover.

FSG took over Liverpool in 2010 and marked their 10-year anniversary at Anfield by watching the club secure their first-ever Premier League title in 2020.

The American ownership group has also overseen Liverpool's sixth Champions League trophy success in 2019 when they defeated Tottenham in the final.

FSG then came under extreme scrutiny from fans and pundits following their involvement in the European Super League campaign in April 2021.

Liverpool

The Reds were part of six Premier League clubs that formed the founding members of the breakaway league, but decided to pull out from the plans following backlash.

They have faced further criticism this season from Liverpool fans for their lack of spending during transfer windows.

www.footballinsider247.com