Kieran Maguire: Liverpool chiefs FSG in position to ‘reap the rewards’ as £590m deal on the cards
Liverpool owners Fenway Sports Group could “reap the rewards” from a breakaway Brazilian league if they take over a club in the region.
That is the view of finance expert Kieran Maguire, speaking exclusively to Football Insider about dramatic business developments in South America.
Per finance outlet Globo on Wednesday (2 February), an unnamed investor has offered Brazilian clubs £590m to form a new breakaway league.
Brazilian TV network Superesportes reported in December last year that FSG were interested in purchasing historic Belo Horizonte side Cruzeiro.
They were unsuccessful in their takeover aspirations as legendary Brazilian striker Ronaldo Nazario won out.
But finance expert Doctor Dan Plumley told this site later that month that he does not expect FSG to give up in their hunt for a Brazilian club.
And Maguire explains why the latest developments would make a new takeover approach even more attractive to the Boston-based company.
“Brazil is always a good target for a multi-club ownership model,” he told Football Insider‘s Adam Williams.
“The problem is that regulation in Brazilian football has historically been weak and erratic.
“Brazilian football has generally focused on the national team. The domestic team is very much an export market for Europe.
“If there is a creation of a league where they can have more stability, that could be very good for the clubs in it.
“If FSG are involved, they will be in position to reap the rewards.”
FSG own MLB side Boston Red Sox as well as NHL outfit the Pittsburgh Penguins outside of football.
Liverpool posted a loss of £46m in their last set of financial results.
In other news, Liverpool in line for £12m summer payout from Harry Wilson transfer.