Liverpool’s Fenway Sports Group owners have agreed to sell a minority share in the club to an American sports investment company.
The stake, worth between £80million and £160m, will help the club service debts from expanding Anfield and the building of the new state-of-the-art AXA Training centre.
A report from The Times claims Dynasty Equity will take a small and unspecified share in the club after extensive negotiations.
Speaking about the deal, FSG president Mike Gordon said: “Our long-term commitment to Liverpool remains as strong as ever.
“We have always said that if there is an investment partner that is right for Liverpool then we would pursue the opportunity to help ensure the club’s long-term financial resiliency and future growth.
“We look forward to building upon the longstanding relationship with Dynasty to further strengthen the club’s financial position and sustain our ambitions for continued success on and off the pitch.”
In November last year, The Athletic broke a story that FSG had put together a ‘sale deck’, hiring Goldman Sachs and Morgan Stanley to help with the process.
A statement from FSG at the time read: “There have been a number of recent changes of ownership and rumours of changes in ownership at EPL clubs and inevitably we are asked regularly about Fenway Sports Group’s ownership in Liverpool.
“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.
“FSG remains fully committed to the success of Liverpool, both on and off the pitch.”
It took another four months for principal owner John W.Read on talksport.com