FSG puts Liverpool up for sale
Updated: Dec 16, 2022
Twelve years after buying Liverpool back in 2010 for just $300 million, Fenway Sports Group (FSG) announced Monday morning that they are ready to sell their stake in the six-time Champions League winners. It was first reported by The Athletic (https://theathletic.com/3770928/2022/11/07/fsg-liverpool-for-sale/) that FSG has enlisted two investment banks—Goldman Sachs and Morgan Stanley—to help assist in the process of finding a potential buyer in the club.
While FSG is inviting offers and is prepared to offload its control of the club, the Liverpool owner is also willing to consider offers outside of investment. Due to its global fan base, commercialization, and winning pedigree, the club is estimated to be worth over $4 billion!
In a statement, FSG said: "There have been a number of recent changes of ownership and rumors of changes in ownership at EPL clubs, and inevitably we are asked regularly about Fenway Sports Group's ownership in Liverpool.
"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.
"FSG remains fully committed to the success of Liverpool, both on and off the pitch."
Despite major success as a winning club, Liverpool has faced its fair share of adversity from trying to trademark its name in 2019 while also being one of six Premier League teams to commit to the failed experiment of the European Super League last year, which led to protests and caused them to withdraw from the commitment.
In 2020, Liverpool ended a 30-year drought to win the English title, which moved them to second place all-time with 19 titles behind Manchester United (20), and their victory in the championship game in the Champions League in 2019 against Tottenham was their sixth, making them the most successful franchise in the history of the league.