Liverpool takeover Update: Saudi Arabian takes next move to FSG sale Closer
The Saudi and Qatari consortiums are apparently in talks with Fenway Sports Group about taking up Liverpool, bringing the takeover of the club closer than it has ever been.
Since Fenway Sports Group made public their intention to seek investors or explore the possibility of selling the club in its entirety a month ago, the future of Liverpool Football Club has been shrouded in mystery. This move has left the club’s ownership in limbo.
On October 6, 2010, American owners George Gillett and Tom Hicks took over at Anfield from previous owners George Gillett and Tom Hicks, who had previously left the Reds on the verge of going bankrupt.
The timing was perfect for John Henry and FSG to enter the market and purchase the Merseyside club. After that, they proceeded to hire Jurgen Klopp, who was serving as manager of Borussia Dortmund at the time.
Since then, the club has won both the Premier League and the Champions League, giving them a perfect record in both competitions. The FSG period has won a total of four major trophies, with the Cup double from the previous season bringing the total to four. During this time period, the club was also victorious in the World Club trophy competition and the charity shield competition.
Recent indications suggest that the end of the FSG era is far closer than most people think it will be in the near future.
According to reports from the Daily Mail, Liverpool have started negotiations with business groups from Saudi Arabia and Qatar in an effort to purchase Fenway Sports Group and become the club’s owners. Despite the fact that FSG apparently wanted more initially, the potential sale price of the club is three billion pounds.
The fact that American businessmen are getting things rolling indicates that this takeover may be further along than the general people is being led to believe.
In spite of this, the past 12 years have not been without their share of challenges. It has been attempted by FSG to trademark the phrase “Liverpool,” as well as to establish a European Super League, to increase ticket costs, to place employees on furlough, and to not provide sufficient finances for player transfers.
Although there has been a lot for which to be grateful under FSG’s ownership, the negatives are starting to outweigh the positives, and a financially motivated outlook appears to be now holding Liverpool back on the pitch. Although there has been a lot for which to be thankful under FSG’s ownership, the negatives are beginning to outweigh the positives.
There have been recent speculations that have linked Liverpool with the transfers of players like Jude Bellingham, Declan Rice, and Cody Gakpo. These claims increase to the likelihood that new ownership will be taking over the club.
Will new management take over at Liverpool Football Club before the end of the current calendar year? Are we going to see a lot of activity during the transfer window in January? There are occurrences taking place.