Maguire: Liverpool to establish club empire to offset Brexit damage amid £530m reveal
Liverpool will establish a multi-club empire to get around restrictions instigated by Brexit and makes waves in the transfer market.
That is according to finance expert and Football Insider columnist Kieran Maguire, speaking exclusively with Fenway Sports Group set to complete a £530million deal with private investment firm RedBird Captial Partners.
Liverpool owners FSG are reported to be keen to add another European club to their portfolio just as Manchester City’s owners have established the City Football Group.
Founded in 2013, City Football Group owns 10 football clubs across five continents.
Maguire explained that Liverpool could use a club empire to get around red tape in the transfer market.
He told Football Insider correspondent Adam Williams: “You’ve got the Brexit impact because it’s more difficult to recruit players from Europe than it was before.
“You can’t sign under-18 players from inside the European Union but if Liverpool has a satellite club in Belgium or Spain, they see a player who they really like at the age of 16 and the satellite club can sign him and look after him for a few years before he moves to Liverpool.
“So they could take advantage of the freedom of movement rules. You can also put him on a salary at the satellite club which would see him get the necessary points to see him qualify to play in England.”
Fronted by John Henry, FSG also owns Major League Baseball team the Boston Red Sox.
The sports investment group recently announced a deal with global basketball superstar LeBron James, who has a two per cent stake in Liverpool.
In other news, a top pundit claims Celtic may reignite their interest in Ben Davies amid his total lack of game-time at Liverpool.