Pundit fears Liverpool takeover may be delayed for 'years' after £3.5billion reveal
Liverpool may not be sold for “years” due to the complexity of a potential £3billion takeover.
That’s according to former Hibernian striker Tam McManus, speaking exclusively to Football Insider about the future of the Merseyside giants.
Liverpool were put up for sale last month, with owners Fenway Sports Group looking for bids of over £3billion.
FSG are understood to be hoping for nearer £3.5billion, although the process has been complicated by the fact bitter rivals Man United were recently also put up for sale.
McManus insists there is no guarantee of a quick sale, even though that is what the club is in desperate need of.
“It’s a very complicated deal to do when you look at the figures involved,” McManus told Football Insider‘s Ben Wild.
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“It’s not as simple as just giving FSG £3billion and then the club is yours. It can take months or years to sell a football club.
“Look at Newcastle, Mike Ashley had Newcastle on the market for nearly a decade before someone finally came in and bought them.
“This is going to take time but on the other hand, the quicker it gets done the better for Liverpool. The club is crying out for fresh investment, especially in the playing squad.
“When you look at the team, there needs to be investment now. Not in three or four months, not in two or three years, now.
“That would be my fear, that a deal can’t get done and Liverpool just stay in limbo while not investing.
“I think that is what the fans are concerned about.”