Football fans were shocked by the news that Fenway Sports Group had put Liverpool Football Club up for sale.
Although reports insist FSG wants to sell the famous football club, official statements from the owners claim they are seeking new investors.
It remains to be seen whether the Reds will be sold by FSG or a new investor will come on board.
FSG purchased Liverpool in 2010 for £300 million.
The purchase saved the club, as previous owners, George Gillett and Tom Hicks, had gone to war with each other over ownership.
FSG not only revamped the club on the pitch, but it also invested vast sums of money into Liverpool’s infrastructure.
Liverpool will play Real Madrid in the Champions League last 16 in a rematch of last year’s final and fans are debating whether the Reds can win the tie and move on to the quarter-finals once more.
The new paddy power promo code is perfect for the Champions League’s last 16, and fans can wager on the team they believe will win.
Two new stands at Anfield and a new training centre are the jewels of FSG’s investment off the pitch.
On the pitch, FSG oversaw the club’s 19th English top-flight title and first in 30 years.
The Reds also reached three Champions League finals, including last year, winning one with the ownership group.
One of the reasons FSG is open to new owners is due to Financial Fair Play.
Liverpool are a sustainable football club that is run off the money it makes and the owners see the lack of regulation in spending by petrol-state-owned clubs to be impossible to overcome.
Those clubs do not need to be sustainable and can lose money.
Over the last 10 years, there has been minimal punishment, if any, to clubs that violate FFP.
Even when Manchester City were found guilty of financial irregularities by UEFA and kicked out of the Champions League, the Court of Sports Arbitration overturned the club’s ban.
Man City went on to play in the Champions League final that season.
US banks Goldmann Sachs and Morgan Stanley are working on behalf of FSG to find interested buyers.
This isn’t the first time FSG has considered selling up.
The owners previously met with potential buyers but decided against selling Liverpool Football Club.
It is believed in previous cases, FSG was worried over the legitimacy of the funds the potential buyers claimed to possess.
Liverpool have an estimated price tag of $5 billion (£4.4 billion) so any new owners will need to have plenty of money to purchase the club.
The amount of money needed has led many people to believe a Middle Eastern buyer may come forward.
Chelsea were sold in the summer of 2022 and had plenty of interested parties.
The individuals and groups who missed out on the Chelsea purchase could consider buying the Anfielders.
It isn’t often that one of the biggest football clubs in the world comes up for sale.
Chelsea were the latest, but the Blues lack the history and prestige of Liverpool.
If FSG sell the club they will make a major profit on their initial investment.
Featured image credit: Ben Sutherland via Flickr under CC BY 2.0 license
