Liverpool Owner Seeks Investment, Rules Out Sale

Mohamed Salah of Liverpool celebrates with Champions League Trophy in 2019
Mohamed Salah of Liverpool celebrates with Champions League Trophy in 2019. Photo by BPI/REX/Shutterstock (10265937vs)

Liverpool owner John Henry has confirmed that he will not consider selling the club as he sets out to secure additional investment. This came after his company, Fenway Sports Group, announced in November that the sale of the club was up for consideration.

“I know there has been a lot of conversation and quotes about Liverpool, but I keep to the facts: We merely formalized an ongoing process,” Henry announced on Sunday in an interview with the Boston Sports Journal.

The American businessman revealed that while the club has been in talks with investors, this will likely be a restructuring of the team’s ownership rather than a full takeover. Fenway Sports Group hired investment banks Goldman Sachs and Morgan Stanley to oversee the investment program.

Fenway Sports Group, headed by Henry, acquired Liverpool in 2010 in a deal worth £300 million ($358 million). When investment discussions first arose in November, the firm stated that it would only explore the option of securing additional investors if it was in the Premier League club’s “best interest”.