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Liverpool Owners Make Decision On 'Up For Sale' Reds

Liverpool Owners Make Decision On 'Up For Sale' Reds

With Fenway Sports Group (FSG) previously said to be prepared to sell Liverpool, the American ownership group has now made a new decision regarding the six-time European champions.

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It was reported in late 2022 that the Reds had been put up for sale, but it was uncertain if it would be in the form of a full takeover or if only a minority stake in the club was up for grabs.

According to Forbes, the Merseyside outfit are valued at £3.9 billion (R85.3 billion), and having been heavily linked with bids from across the planet, it was thought that FSG's 13-year reign at Anfield could soon come to an end. However, that has not proved the case.

Liverpool owner John W. Henry has now set the record straight regarding the speculation of a possible sale of the club.

"I know there has been a lot of conversation and quotes about Liverpool, but I keep to the facts: We merely formalised an ongoing process," he told the Boston Sports Journal.

"Will we be in England forever? No. Are we selling Liverpool? No. Are talking with investors about Liverpool? Yes. Will something happen there? I believe so, but it won't be a sale. Have we sold anything in the past 20-plus years?"

It seems the sale of a minority stake in the club is now the mostly likely outcome as Liverpool seek to recapitalise having suffered the strains of the COVID-19 pandemic.

This news comes in the midst of rivals Manchester United currently being in the process of evaluating bids for a potential takeover.

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The Glazer family reportedly wants to sell the Red Devils and have received official bids from British billionaire Sir Jim Ratcliffe and Qatari banker Sheikh Jassim Bin Hamad Al Thani.

The American family could also remain at the Old Trafford helm after reportedly receiving a proposal from an American hedge fund in which they would receive financial backing but stay in charge of the club.

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