FSG selling Liverpool

Discussion in 'Liverpool' started by ewibe, Nov 7, 2022.

  1. SamScouse

    SamScouse Member+

    Jun 1, 2015
    Toronto
    Club:
    Liverpool FC
    https://www.liverpoolecho.co.uk/spo...liverpool-john-henry-future-breaking-26286150

    Liverpool owner John Henry says that he is not selling the club.

    Reds owners Fenway Sports Group were revealed back in November to be searching for investment into Liverpool as they sought to recapitalise the business ahead of a potentially costly time, but with sales deck prepared for interested parties they were also reportedly open to a full sale.

    The Reds, valued at around $4.5bn, have been heavily linked with potential bids from groups across the globe, including Qatar, but the sources in the US who the ECHO have spoken to have continued to maintain that they had not received any bids or held high level talks over a sale, and that a minority sale to a 'strategic partner' was the most likely outcome.

    Henry, who rarely speaks in public, allowed for some questions via email from Boston Red Sox reporters ahead of the first day of spring training in Florida, where he, wife Linda, Liverpool chairman Tom Werner and FSG CEO Sam Kennedy were present. And in the responses posed to questions from Boston Sports Journal writer Sean McAdam, Henry confirmed that FSG were not selling Liverpool.

    "I know there has been a lot of conversation and quotes about LFC (Liverpool Football Club), but I keep to the facts: we merely formalized an ongoing process," he said.

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

    SamScouse Member+

    Jun 1, 2015
    Toronto
    Club:
    Liverpool FC
    "we merely formalized an ongoing process"

    erm .... ok .... erm ... what??
     
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  3. Samarkand

    Samarkand Member+

    May 28, 2001
    Suspect it was something along the lines of people/companies approaching LFC/FSG ad hoc wanting to either buy or invest. So one guy approaches Mike Gordon and this company has dinner with John Henry and another guy chats to Billy Hogan. The process is now streamlined possibly? So if you want to buy/invest you must go through the proper channels now rather than an unstructured ($10 word upcoming!) miasma of competing and overlapping offers.
     
  4. SamScouse

    SamScouse Member+

    Jun 1, 2015
    Toronto
    Club:
    Liverpool FC
    I effing HATE miasmas!!!

    or is it miasmae?
     
  5. Samarkand

    Samarkand Member+

    May 28, 2001
    You should contact FoxNews; they’re very sensitive about The War On Miasmas.
     
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  6. delaynomo

    delaynomo Member+

    Jun 1, 2015
    Club:
    Liverpool FC
    All just standard "we don't need to sell but might if the right offer comes along" posturing?
     
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  7. newterp

    newterp Moderator
    Staff Member

    Jun 6, 2007
    North Potomac, MD
    Club:
    Liverpool FC
    Nat'l Team:
    United States
    I'd say it's all code for - "we didn't get the offers (the buyer) and/or the valuation we wanted"
     
  8. Samarkand

    Samarkand Member+

    May 28, 2001
    Yeah, definitely possible, perhaps even probable. Occam’s Razor and all that.
     
  9. bayred

    bayred Member+

    Liverpool FC
    United States
    May 28, 2018
    Not terribly good news, new investment that will be translated into team improvement is badly needed.
     
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  10. SamScouse

    SamScouse Member+

    Jun 1, 2015
    Toronto
    Club:
    Liverpool FC
    yep. plus, since putting the club up for offers, there's been some real big issues pop up which will have a major impact on the future financial constructs of the game.

    - the 100+ PL charges against Shitty could - potentially - see some teeth being put into FFP that would make it easier for teams like us to compete with them going forward
    or
    - MU could get bought by Qatar, which means the prospects of a level PL/Euro playing field are dead and the game will 100% become nothing more than an oil state dick-waving competition

    so potential buyers of LFC may have looked around and said "we'll wait to see what environment LFC will be placed in, Mr. Henry". at the same time FSG may have decided to hold off on any major deal, waiting to see how these critical issues get worked out.

    which may make a lot of sense in the longer term, but the club can't continue waving in the breeze until these get resolved, or the value of FSG's LFC asset will drop down the toilet.
     
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  11. SamScouse

    SamScouse Member+

    Jun 1, 2015
    Toronto
    Club:
    Liverpool FC
    Liverpool’s owners Fenway Sports Group (FSG) are looking at major media companies as potential investors to take a minority stake in the club, Telegraph Sport understands.

    The club’s US ownership group has announced this month that it is examining a partial sale which it is expected to use to fund the next stage in the club’s development in what is likely to be another crucial transfer window this summer. Last May, the US business analysts Forbes valued Liverpool at £3.6 billion and a sale of the stake would give FSG an idea of how the market currently values the club.

    FSG declined to comment on potential investors or indeed the sector from which they might come, other than to say it was still in the process of evaluating the suitability of minority partner options. John W Henry, the principal owner at FSG, said last week that the club were “talking with investors” and that there would not be a full sale.

    One such contender could be the US media giant Liberty Media, which owns Formula One as well as the Atlanta Braves of Major League Baseball. It was Liberty’s acquisition of Formula One, and assorted subsidiaries from private equity group CVC, finalised in January 2017 at an equity value of €4.4 billion (£3.6 million), that announced it as a global player in major sporting brands. It also owns the SiriusXM radio group in the US. Liberty Media declined to comment on interest in Liverpool or FSG.
     
  12. speker

    speker Member+

    May 16, 2009
    Canada
    Club:
    Liverpool FC
    From reports over the past few months it seems to be common knowledge that FSG and LFC have ben searching for investment into the club and apparently the search goes on.I can only assume that potential investors have not been beating down the doors to get a slice of the club .

    Most big clubs seem to have one owner so how attractive is partial ownership of a club like Liverpool?
     
  13. zaqualung

    zaqualung Member+

    Jun 17, 2015
    San Francisco
    Club:
    Liverpool FC
    Why? Because football wants to bend over backwards to get new ownerships for clubs???
    WHY???
     

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