Fenway Sports Group have sold a minority stake in Liverpool to US private equity firm Dynasty Equity; the money raised will not be used to fund future transfers and the Reds are not for sale; FSG bought the club for £300m in 2010
Sky Sports News Chief Reporter
Thursday 28 September 2023 18:42, UK
Please use Chrome browser for a more accessible video player
Liverpool’s owners have sold a small stake in the club for up to €200m.
The money raised will be used to pay down debt and help finance capital expenditure.
Liverpool, like all clubs, were affected by the pandemic and there has been significant investment in transfers, redeveloping Anfield, building a new training ground and buying back their former training ground.
US private equity firm Dynasty Equity have spent between €100m and €200m buying the minority stake. They will be passive investors.
The money raised will go towards reducing the club's debt burden. It will not be used to fund future transfers. Liverpool's latest accounts to June 2022 showed a net debt of £71m.
Liverpool have not been for sale and they are not for sale. Morgan Stanley and Goldman Sachs were retained in November last year to explore investment options.
Dynasty Equity's investment is not a stepping stone to a sale. Liverpool's owners Fenway Sports Group remain totally committed to owning and running the club.
Merson Says: Liverpool beating Spurs would be massive
Szoboszlai stunner sends Liverpool through against Leicester
Download the Sky Sports App
Get Sky Sports
Liverpool held talks with other interested investment groups but the proposal from Dynasty Equity was the only one which felt like the right fit.
Please use Chrome browser for a more accessible video player
Dynasty Equity was
Read on skysports.com