Finance guru: Liverpool to bank 'new investment' as £870m funding source revealed
Liverpool will benefit indirectly from a new £870million fund created by Fenway Sports Group stakeholders RedBird Capital.
That is the view of finance expert Doctor Dan Plumley, speaking exclusively to Football Insider about the latest from behind the scenes at the New York-based private equity company.
RedBird have an 11 per cent stake in FSG, Liverpool’s owners since 2010 who on Monday (7 November) released a statement confirming that they would consider offers from potential new shareholders.
But the Boston firm also reiterated their commitment to the success of the club, and any takeover is likely to take a significant period of time to push through.
The Ankler reported last Monday (1 November) that RedBird are in talks with Jeff Zucker with a view to enlisting the former CNN chief to head up an £870m sports investment fund.
RedBird took over reigning Serie A champions AC Milan earlier this year and also hold a stake in French side Toulouse.
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Plumley claimed that Liverpool would see at least some indirect benefit from the company’s new investment kitty.
“There’s a lot going on here,” the Sheffield Hallam University expert told Football Insider’s Adam Williams.
“You would expect a large portion of that to go to Milan given the structures that are in place. But indirectly, we know that Liverpool are connected.
“If it’s part of an investment in sport, it might be that this is for new expansion plans. But it might also be that some of it goes down to fund operations that they have already got.
“Zucker has an interesting background and has a lot of experience. He will add a lot of media depth. Obviously, we know clubs are targeting that as a strategy for growth in terms of how they interact with fans around the world.
“I think they are going to make more of a play into professional sports as well, so we might see some new investment as part of this fund. But Liverpool would benefit indirectly by association.”