Sale of Liverpool FC under consideration by US owner Fenway Sports Group

Fenway Sports Group is in the early stages of exploring a sale for Liverpool FC, people familiar with the matter have said, making the English Premier League team the latest prestigious sporting asset to hit the market.

Boston-based FSG is being advised by Goldman Sachs and Morgan Stanley after being approached by at least one potential buyer, according to two of the people.

In a statement, FSG said it has frequently received interest “from third parties who wish to become shareholders of Liverpool. FSG have previously said that under the right conditions we would consider new shareholders if it was in the best interests of Liverpool as a club.”

News of the potential sale was previously reported by The Athletic.

FSG’s decision to consider a Liverpool sale comes months after Chelsea FC were sold by Russian billionaire Roman Abramovich for £2.5bn to a consortium led by US financier Todd Boehly.

During the sales process, Chelsea received more than 200 bids, underscoring a strong appetite for Premier League teams. In addition to Boehly, Chelsea received serious offers from private equity tycoon Josh Harris and another from British industrialist Sir Jim Ratcliffe.

Since FSG took over the club in 2010, Liverpool have won both a Champions League and a Premier League trophy and are valued at $4.45 billion by Forbes. FSG is the parent company of Liverpool, the Boston Red Sox in baseball and the Pittsburgh Penguins in hockey, one of the most successful sports empires in the United States. It is controlled by John Henry, a self-made billionaire commodities trader who was a low-key public figure.

https://www.ft.com/content/a131793d-028d-4aa8-9da3-acb50967ddfa Sale of Liverpool FC under consideration by US owner Fenway Sports Group

Adam Bradshaw

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