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Fenway Sports activities Group is within the early levels of exploring a sale for Liverpool FC, individuals conversant in the matter stated, making the English Premier League aspect the newest status sports activities asset to come back available on the market.
Boston-based FSG is being suggested by Goldman Sachs and Morgan Stanley after it was approached by no less than one potential purchaser, in response to two of the individuals.
In a press release, FSG stated it continuously acquired curiosity “from third events in search of to develop into shareholders in Liverpool. FSG has stated earlier than that beneath the proper phrases and circumstances we might contemplate new shareholders if it was in the perfect pursuits of Liverpool as a membership.”
Information of the potential sale was earlier reported by The Athletic.
FSG’s determination to discover a Liverpool sale comes months after Chelsea FC was offered by Russian billionaire Roman Abramovich to a consortium led by US financier Todd Boehly for £2.5bn.
Throughout the sale course of Chelsea acquired greater than 200 bids, highlighting the robust urge for food for Premier League groups. Along with Boehly, Chelsea acquired severe bids from non-public fairness tycoon Josh Harris and one other from British industrialist Sir Jim Ratcliffe.
Since FSG acquired the membership in 2010, Liverpool have received each a Champions League and Premier League trophy and is valued by Forbes at $4.45bn. FSG is the mother or father firm for Liverpool, baseball’s Boston Crimson Sox and hockey’s Pittsburgh Penguins, one of many extra prolific dealmaking sports activities empires within the US. It’s managed by John Henry, a self-made billionaire in commodities buying and selling, who has been a reticent public determine.
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