Billy Hogan explains what FSG 'didn't appreciate' about Liverpool and reveals three top targets
Liverpool chief executive Billy Hogan admits that owners Fenway Sports Group didn’t quite realise just how big the Reds were when they acquired the team 13 years ago.
FSG purchased a club that was weeks away from administration back in October 2010, with the purchase of the club from the ruinous regime of Tom Hicks and George Gillett having to be eventually settled at the High Court in London, with the John Henry-led firm, then known as New England Sports Ventures, acquiring the Reds for £300m. That £300m purchase price has now turned into a club valuation in excess of £4bn, making Liverpool the most valuable asset in the FSG sporting portfolio.
In the last 13 years there has been much change at Liverpool, with the club’s infrastructure having developed considerably, most visibly through the extensive redevelopment of Anfield from a 45,500 seater stadium to one that, when the Anfield Road End work is completed in the coming months, will have a 61,000 capacity.
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Revenue streams across the board have grown, with the club able to leverage the success delivered in recent seasons under the management of Jurgen Klopp, where every available piece of club silverware on offer has arrived in the Anfield trophy cabinet.
The ownership of FSG hasn’t been without its challenges and criticisms, with their public U-turns on such things as raising season ticket prices, the furloughing of staff during the pandemic, the trademarking of the Liverpool name and the attempts to join the European Super League having seen them incur the ire of many Reds fans.
The self-sustaining model that
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