Even though the stance remains the same, Fenway Sports Group’s owners have opened themselves up to expressions of interest from parties seeking a full takeover for the first time. The Boston Globe, a newspaper privately owned by FSG principal John Henry, reported on Thursday that the Reds owners were leaning towards a ‘partial sale’ of the club as opposed to a full takeover...
As part of its assessment of various options for investment in Liverpool, Fenway Sports Group is considering selling the club outright. The club has been owned by its current owners since 2010, but they are reportedly considering their options in light of the Super League fallout and growing financial rift at the top of the Premier League. Man City and Newcastle are state-funded, which has been...
Despite the company’s eye on an exit strategy at Liverpool, Fenway Sports Group remains committed to both the club’s on-field progress and its off-field success. Liverpool’s revenues have risen significantly since FSG acquired the club when turnover stood at £184m at the end of the 2010/11 accounting period. Through a combination of greater commercial deals and hugely increased...
After 12 years in charge, the Merseysiders are on the market, or at least their owners FSG feel the club is ready for substantial investment. Boston-based majority shareholder, John W Henry, is looking for a sizeable return on his group’s initial £300m investment in October 2010. Under their leadership, Liverpool has enjoyed one of the most successful periods in its history. Indeed, they have...
In the wake of Fenway Sports Group’s offer to purchase Liverpool, several parties may become involved, regardless of which party is currently the leading candidate. Earlier last year, FSG teamed up with Goldman Sachs and Morgan Stanley to seek investment, with the aim of a full-blown sale following 12 years at Anfield. From fellow Americans to sovereign wealth funds to foreign billionaires...
According to the Qatari official responsible for World Cup delivery, 400 and 500 migrant workers have died on World Cup-related projects. As a result, the death toll was acknowledged by Hassan al-Thawadi, secretary general of the Supreme Committee for Delivery and Inheritance, but said the exact figure was still being discussed. Thawadi told the TV show Piers Morgan Uncensored that “around...
Thousands of UK households will receive eco grants to upgrade their homes as part of a three-year project slated for an announcement next week. A scheme called Eco Plus, expected to cost a billion pounds, will run for three years from April 2023 as part of the Chancellor’s plans to reduce Britain’s energy consumption by 15% by 2030. It is reported that the government is planning to...
According to Saudi Arabia’s sports minister, Prince Abdulaziz bin Turki Al Faisal, his government would support private bids from Saudi Arabia for Manchester United and Liverpool. Despite the Saudi Public Investment Fund’s backing for Newcastle United last winter, Prince Abdulaziz said private businesses in his country are keen on the most successful English clubs, with both...
The Stats Perform, and Opta artificial intelligence prediction model predicted that England would win their first match by a one-to-ten margin, placing them fourth out of all the teams. Wales has only one in 200 chance of winning, and Brazil is still the favorite. Which team is expected to make the most progress? In Stats Perform’s and Opta’s prediction model, England will make it to...
Hello and welcome to the Liverpool ECHO’s Friday live blog for all your very latest Liverpool news, rumours and transfer gossip. We will be providing you with the latest on reports that Fenway Sports Group have “put Liverpool up for sale”, which first began to circulate last Monday after a report from The Athletic said two major US banks in Goldman Sachs and Morgan Stanley had...