By Noel Whelan

9th Nov, 2022 | 12:46pm

Liverpool set for 'huge sale' as source reveals new takeover update today - pundit

Noel Whelan has suggested Liverpool owners Fenway Sports Group are searching for new investment as they are “not willing” to fund a “complete rebuild” of their ageing squad.

The former Leeds striker, speaking exclusively to Football Insider, insisted it will cost “a hell of a lot of money” to overhaul the Merseysiders’ squad.

It emerged on Monday (7 November) that FSG has put Liverpool up for sale with a presentation prepared for potential buyers.

However, as relayed by Sky Sports (8 November), FSG insisted that while it receives frequent “expressions of interest” from potential investors, it will only accept new shareholders if it is in the best interest of the club.

An industry source has told Football Insider today that the Boston-based owners are only willing to entertain full sale offers of at least £3billion.

Liverpool smashed their transfer record during the summer window to bring in £85million man Darwin Nunez, but have struggled for form in the new campaign.

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The Reds sit eighth after 13 games amid a backdrop of crippling injuries and out-of-sorts performances from players like Fabinho.

Whelan insisted a new backer would have to “freshen up this side” if they are to “continue to compete” with Man City.

He told Football Insider’s Ewan Kingsbury: “If they’re not willing to put the money in – which it seems they’re not – then they are right to look for new investment.

“Maybe FSG are thinking that in order to do a complete rebuild, they’re going to have to spend a hell of a lot of money.

“The squad is ageing and it needs rejuvenating.

“It’s a good time to sell because Liverpool are still in a fairly good position. They’re still one of the top teams, still winning trophies – it’s a desirable asset.

“I’m sure they’re thinking about what’s best for Liverpool. That is someone else coming in with huge funds to help freshen up this side so they can continue to compete.”

In other news, pundit verdict on Jurgen Klopp quitting Liverpool – “somebody told me”.