Football updates
JUST IN: New favourite group emerges to buy Liverpool even much richer than Man City owners
JUST IN: New favourite group emerges to buy Liverpool even much richer than Man City owners
A new group that is by far wealthier than the owners of Manchester City has emerged as the favorite to purchase Liverpool.
The Athletic claimed on Monday that the club had been put up for sale by Liverpool’s owners, Fenway Sports Group (FSG) and that a thorough presentation had been made for prospective bidders.
In response, FSG released a statement claiming it “remains fully committed to the success of Liverpool, both on and off the pitch”.
The statement read: “There have been a number of recent changes of ownership and rumours 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.”
Both RedBird, an investment firm that already holds a 10% ownership in Liverpool, and an oil-rich Middle Eastern investor have been mentioned as prospective future owners. However, a brand-new person has been named as a potential buyer.
The Daily Star has claimed that Stephen Pagliuca and his investment firm Bain Capital are the new frontrunners to purchase the Reds.
They are estimated to be worth a staggering £119 billion together. Sheikh Mansour, the owner of Manchester City, is estimated to be worth £17 billion.
With a reputed net worth of £320 billion, Newcastle’s PIF owners naturally outshine them all.
However, Pagliuca would significantly increase Liverpool’s fortune, and due to the club’s stature, they would have more flexibility with FFP rules than their Toon competitors.
According to the Star, FSG is most willing to sell Pagliuca a controlling position given that the present owner, John W Henry, is familiar with the private equity investor.
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