Liverpool talks over Toulouse deal collapse – sources
Liverpool talks over buying French club Toulouse have now collapsed, sources have told Football Insider.
Football Insider revealed last month that Reds owners Fenway Sports Group and new football chief Michael Edwards were exploring a deal to buy the Ligue 1 outfit.
But negotiations have now stalled, with the Anfield club now believed to be plotting a move for a different French club.
Former Reds sporting director Edwards is returning to the Merseyside outfit this summer, beginning a new role with Fenway Sports Group as CEO of Football from June.
Liverpool talks collapse over new FSG deal
Edwards, who spent 10 years at Anfield, will assume his new position on 1 June, and will oversee football operations for the ownership group.
Talks over a potential buyout of Toulouse were held as Fenway look to build a multi-club network, but the proposed move has since collapsed.
The French side and the Reds are closely linked, with the former’s 85% owners RedBird Capital holding an 11% stake in FSG.
The two clubs went head to head in the Europa League group stages this season, with Liverpool winning 5-1 at Anfield before losing 3-2 in Toulouse.
FSG could now turn to Major League Soccer, with Football Insider revealing last month that the US-based investment group are exploring the possibility of buying an MLS club.
In other news, Liverpool braced for monster bid as they’re told ‘name your price’ – sources.
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