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Liverpool is not for sale: English club finds financing to pay debts

Liverpool is not for sale: English club finds financing to pay debts

Fenway Sports Group, the group that runs Liverpool, has sold a minority stake to Dynasty Equity, an American private investment firm, confirming as false rumors that they were seeking a full sale of the club.

Liverpool admitted last year to be open to external investments and this Thursday they announced this agreement with Dinasty Equity that is valued between 80 million pounds (115 million euros) and about 160 million pounds (185 million).

According to the club, this investment is not intended to enter into a transfer war with the rest of the teams, but rather it will be aimed at paying off the bank debt they incurred during the pandemic, paying for the new Anfield stand, paying for the new training center and purchase the land of the former Melwood sports town.

The club’s current debt reached 150 million pounds, so FSG looked for some way to get rid of it, hence the search for a new investor, which in no case aimed to get rid of the club, as it has tried to do. the Glazers with Manchester United, with Qatar and Ineos, and as Roman Abramovich did, forced by his relations with Russia, with Chelsea.

This minority sale will not have an impact on the club’s decision-making and in principle will be a small and passive collaboration, although it is not ruled out that other expansion operations may be carried out between the two companies in the future.

Source: Gestion

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