FSG sell minority Liverpool stake - but DOESN'T mean Klopp can spend lavishly

Liverpool's owners Fenway Sports Group have realised their long-held ambition of selling a minority stake in the club to American investors Dynasty Equity.

There has been much speculation for the past 12 months about what FSG’s intentions for Liverpool were following a story that they were considering a full sale of the club they bought for £300million in October 2010.

FSG insisted they had no intention of selling lock, stock and barrel.

John W Henry, FSG’s principle owner, said in February: ‘Will we be in England forever? No. Are we selling LFC? No.

'Are talking with investors about LFC? Yes. Will something happen there? I believe so, but it won't be a sale.’

True to Henry’s word, the wish to bring in an outside party to help strength Liverpool’s financial position was always there and now the search is over after they struck a deal with Dynasty, a New York-based firm.

It is understood the stake Equity have taken in Liverpool is estimated to be worth in the region of £80-£160million and does not give Dynasty – who were founded by Jonathon Nelson and K Don Cornwell – any say in the day-to-day running of the club.

This is not, either, an investment that will suddenly give Liverpool the chance to spend lavishly in the transfer market: the deal has been struck to pay down debts that have accumulated since the pandemic, such as building a new training facility in Kirkby, work on renovating Anfield and covering the last window, in which Liverpool spent heavily on four new players.

What is significant about the money Equity have put in for a minor stake is what it means in terms of Liverpool’s actual value – from £300million 13 years ago, a conservative figure would be that they are worth more than £4billion.

‘Our long-term