Liverpool owners Fenway Sports Group revealed that they have received a lot of interest from potential investors. Although they would like to draw in new investors by selling a minority stake, FSG is rumored to be exploring a sale. Kennedy, the CEO of the FSG-owned Boston Red Sox, now claims there are many potential investors after they requested Goldman Sachs and Morgan Stanley to assess buyer interest. Kennedy’s remarks mark the first time an FSG member has spoken out in public since the group’s earlier this month released a statement. He also discussed FSG president Mike Gordon, who is taking a break from managing Liverpool on a daily basis.
City insiders estimate that FSG, who acquired the club in October 2010 for roughly £300 million, is working with the two US banks to determine the club’s value, which could be as high as $5 billion (£4.4 billion). Roman Abramovich, a Russian, concluded the sale of Chelsea earlier this year to a consortium of investors led by Todd Boehly and Clearlake Capital in a transaction overseen by Goldmann Sachs, with an estimated acquisition value of £4.25 billion. Liverpool has won the Premier League, the Champions League, the FA Cup, and the Carabao Cup twice while being owned by FSG. In that period, the club also won the Community Shield, UEFA Super Cup, and FIFA Club World Cup.
“Great companies grow by adding value to their business,” Liverpool owners Fenway Sports Group partner Sam Kennedy said. “Selling assets or bringing on new investors are two strategies for occasionally raising that worth. Does that imply that FSG will sell Liverpool? I have no idea. It is John Henry, Tom Werner, and Mike Gordon’s responsibility to run Fenway Sports Group responsibly, therefore they thought this would be a good moment to look into potential investment options.”
For more football news, click here
