'It's a very big deal' - Stefan Borson shares verdict on FSG completing full Liverpool sale
Fenway Sports Group (FSG) could soon consider completely selling Liverpool but a deal would be extremely difficult to finance for interested parties.
That is according to former Manchester City financial adviser Stefan Borson, who exclusively told Football Insider FSG will have already broken even on their investment at Anfield.
John Henry and Co. bought the Reds back 2010 for £300million, taking over from the previous owners, Tom Hicks and George Gillett, following a contentious deal.
The owners have never shied away from investment, last selling a minority stake in Liverpool to Dynasty Equity in September 2023, a deal worth between £82m and £164m.
Now, a consortium led by Amit Bhatia, son-in-law of Indian billionaire businessman Lakshmi Mittal, who himself is worth £30billion, and including huge name Jeff Bezos, are in talks over a deal.
Especially due to Bezos' €269bn net worth, questions have been raised over FSG's future on Merseyside, and the likelihood of a total sale at Anfield.
Liverpool owners would need 'a very big deal' to sell
Speaking exclusively to Football Insider, Borson suggested that a full sale is not completely impossible, but admitted that it would be difficult to find a buyer.
"Possibly. What it leads to, mostly, is a very nice return on the investment that they made in Liverpool Football Club," he said.
"They're effectively in for free now, broadly. I mean, they probably already are because they've sold down some of their stake before. It's been a good, solid investment for them.
"They bought it at the stress price when Liverpool were financially on their knees. And it's worked out really nicely for them.
"But in terms of the future, it's a very big deal, in terms of the size of the amount of money required. So that's the big question.
"Who's got the money to do the whole deal? It's just going to be hard to find a buyer. It's going to need to be a consortium of very wealthy billionaires coming together.
"None of these deals these days at this sort of scale are financial-only deals."
FSG have already made their stance clear
Liverpool's owners have not always been the most favourable figures at Anfield, but they've delivered a lot of success over the last 16 years.
And they've never made a secret of their openness to new investment, or even denied that were the right deal to come along, they wouldn't consider selling.
Back in 2022, FSG said: "FSG has frequently received expressions of interest from third parties seeking to become shareholders in Liverpool.
"FSG has said before that under the right terms and conditions, we would consider new shareholders if it was in the best interests of Liverpool as a club."
