Liverpool takeover: FSG stance on buying new club revealed as details emerge – Sources
Fenway Sports Group have not yet abandoned their plans to create a multi-club network with Liverpool at the helm, sources have told Football Insider.
The Boston-based investment firm issued a statement in November inviting external investment in Liverpool, but it looks increasingly likely that this will come in the form of a partial rather than full takeover.
A source told Football Insider in October that FSG had been targeting clubs playing in leagues classified as ‘Band 2’ under the FA’s governing body endorsement rules for a potential buyout.
The FA lists the Portuguese Primeira Liga, Dutch Eredivisie, Belgian First Division A, and the Turkish Super Lig as Band 2 competitions.
The rationale behind zeroing in on these divisions was that it would allow Liverpool to effectively park players at a subsidiary club before they gain the necessary number of points to meet the FA’s post-Brexit requirements.
FSG are known admirers of the multi-club model most notably employed by Man City and Red Bull.
A mergers and acquisitions agent has now informed this site that there has been no word to suggest that FSG have scrapped their plans to take over another football club despite the situation at Anfield.
Finance expert Kieran Maguire also told Football Insider earlier this month (9 December) that FSG could use the cash generated by a “10 to 15 per cent” sale of Liverpool to expand their sports portfolio.
The Merseysiders are currently FSG’s only football investment, but the company also owns MLB outfit the Boston Red Sox and NHL side the Pittsburgh Penguins.
Red Bird Capital meanwhile, the private equity group that has an 11 per cent stake in FSG, completed a takeover of AC Milan in August and also lists Ligue 1 side Toulouse among their assets.
In other news, pundit claims Liverpool could agree “amazing” Enzo Fernandez signing after source’s January update.