Revealed: Major Liverpool takeover update after Mukesh Ambani ‘approach’
Indian billionaire Mukesh Ambani is not a realistic contender to be the next Liverpool owner with a US consortium seen as far more likely to take over the club, sources have told Football Insider.
It was reported earlier this month that the 65-year-old had revived his interest in the Premier League giants and had approached owners FSG over a potential move.
But multiple sources have told Football Insider that Ambani is unlikely to line up a bid for Liverpool, or even go as far as doing a deep dive into the club’s finances with a view to a bid.
Instead, it is US investors from the private equity world who are expected to be part of a bidding war for the right to complete a full takeover of the six-times European champions.
Liverpool announced earlier this month they are up for sale and are running a formal sales process.
FSG president Mike Gordon has quit his day-to-day role overseeing the club’s off-pitch activity to oversee the takeover process.
Ambani, the world’s eighth richest man with a fortune estimated to be in the region of £90bn, has not made a public comment on any potential move for Liverpool.
He was previously linked with a takeover of the club in 2010 before FSG bought the club.
Liverpool are understood to be willing to sell for over £3billion, and are hoping for £3.5bn, although the process has been complicated by the fact bitter rivals Man United were last week also put up for sale.
Many analysts value United higher than Liverpool due to their bigger global fanbase, although there is little between them in terms of annual revenue.
In their most recent set of accounts for the 2020-21 season, Liverpool earned £487.4million, while United brought in £494.1m, 1.4 per cent more.
As of March, United’s combined following on Facebook, Instagram, TikTok, Twitter and YouTube came to 177million followers; Liverpool’s was 106million.
In other news, Liverpool hit by ‘potentially catastrophic’ blow.