Fenway Sports Group (FSG), the owners of Liverpool FC, have confirmed that they are prepared to sell their controlling stake in the Premier League club, as confirmed on Monday.
According to reports, the Boston-based firm has enlisted the help of investment banks Goldman Sachs and Morgan Stanley to help in the process of finding a buyer for the controlling stake. Sources close to the matter have claimed that an information memorandum detailing the possible sale has been sent to potential investors.
It is believed that Liverpool’s involvement in the attempted establishment of the breakaway Europan Super League competition is a driving force behind FSG’s decision to explore the sale of the club. It is also believed that the £4.25 billion sale of Chelsea in May convinced the sports company to test market interest in Liverpool.
Having purchased the Premier League club for £300 million 12 years ago, current market estimates stipulate that FSG could fetch as much as £4 billion for the sale of Liverpool.
FSG released the following statement on the potential sale of the club: “FSG has frequently received expressions of interest from third parties seeking to become shareholders in Liverpool. FSG has said before that under the right terms and conditions, we would consider new shareholders if it was in the best interests of Liverpool as a club.”
