Kieran Maguire issues ‘£533m’ Liverpool reveal as ‘incredible’ FSG work their magic
Liverpool saw revenue skyrocket to £533million in the pre-pandemic era thanks to Fenway Sports Group’s “incredible” business smarts.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about FSG’s ownership style at Anfield.
FSG could soon be joined at the Premier League’s top table by the Ricketts family, a US-based ownership group keen to acquire Chelsea.
The Athletic reported on Monday (28 March) that the family are big admirers of FSG’s work at Liverpool since they took over the club in 2010.
Liverpool revealed a £4.8m shortfall on a turnover of £487m in their financial results for the 2020-21 campaign, which was beset by Covid.
But Maguire explained that the first decade of the Boston-based firm saw a remarkable upswing in the Meryeysiders’ financial fortunes.
“You only need to take a look at the numbers,” he told Football Insider‘s Adam Williams.
“If we look at the first decade of FSG ownership, which takes us up to just before the pandemic, revenue went from £185m to £533m.
“That’s incredible growth. FSG have done their sums. They’ve doubled matchday income. They have tripled commercial income as well.
“Broadcast income has risen on the back of finishing higher on a regular basis in the Premier League and their success in Europe.
“All of those factors signal that FSG is a smart bunch of cookies.”
Liverpool have won six honours since FSG’s takeover, including the Champions League in 2018-19 and the Premier League the next season.
They are still fighting on three fronts this term after winning the League Cup in February.
In other news, Liverpool tipped by pundit to beat “top clubs” in Jude Bellingham race after source’s update.