Liverpool owners FSG agree to sell minor stake in Reds

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Liverpool owners Fenway Sports Group (FSG) have agreed to sell a minor stake in the club, according to reliable journalist Paul Joyce.

The Reds have been owned by FSG since 2010, when they came in for Tom Hicks and George Gillett, whose tenure at Anfield was a shocking one, almost taking them into administration.

Since then, the current American owners have steadied the ship greatly, overseeing a memorable period of success after hiring Jurgen Klopp in 2015, and also developing the stadium significantly.

That being said, FSG aren’t universally popular among the Liverpool fanbase, with some supporters critical of them for not supporting Klopp enough with signings, and others unimpressed with their general running of the club.

According to The Times‘ Joyce, they have now agreed to sell a minority stake in the club to Dynasty Equity, in a big development for the Reds:

“The Liverpool owner Fenway Sports Group has ended its search for new investment by agreeing to sell a minority stake in the club for between £80 million and £160 million.

“After extensive negotiations, Dynasty Equity, the American sports investment company, will take the small, but unspecified, shareholding percentage.

“The money will not yield Jurgen Klopp, the Liverpool manager, a sizeable transfer fund but will help to shore up the club’s balance sheet by paying down debt after transfers and capital projects.”

Our thoughts on FSG selling a minority share…

This has to be seen as good news for Liverpool, with the money coming in from Dynasty Equity aiding the club financially, even if it won’t directly give Klopp a huge amount of funds to suddenly spend on players.

The fact that it will help cover losses during the covid pandemic, among other things, should ensure that the Reds remain in a healthy financial situation moving forward, rather than getting themselves into trouble like some of their rivals, such as Manchester United and Everton.

In the long-term, the time will eventually come when FSG will completely sell up, at which point new owners will hopefully make Liverpool an even greater force.

They have clearly divided opinion overall, and are worthy of both praise and criticism, but the positives arguably outweigh the negatives when assessing how much has been achieved on and off the pitch since 2010.

This could be another big sign that FSG are considering moving on sooner rather than later, and it feels like the right time for that to happen.

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