The news that Destiny Equity have acquired a minority stake in Liverpool this week effectively brings to an end Fenway Sports Group's long-running search for investment.
It's nearly a year now since it became public knowledge that FSG had created a sales brochure for any seriously interested parties while instructing two major banks in Goldman Sachs and Morgan Stanley to assess the runners and riders of organisations who would like to buy into the project.
At the time, a cloud of uncertainty hung over Anfield as virtually every level of the club was plagued by questions. On the field, Jurgen Klopp's Reds were struggling to keep pace in the Premier League having tailed off considerably from just a few months previous when they had flown so close to quadruple immortality.
Off the pitch, the decisions from sporting director Julian Ward and head of research Ian Graham to step down from their roles at the end of the campaign also painted a picture that all was not right behind the scenes at the AXA Centre, while Mike Gordon's decision to move away from the day-to-day running of the club to scour the market for potential investors hinted that FSG's exit strategy was now firmly in motion.
And while the news of New York-based Destiny's arrival won't quicken to pulse too much given the influx of their capital - understood to be somewhere between £80m and £160m - is to be used to reduce pandemic-related debts rather than fund an all-out assault in the January transfer market, it does at least reaffirm that FSG are continuing to look at their investment in Liverpool through the wider lens.
"Money in football is all about spending. I get that," Klopp said on Friday about the deal. "I am part of it as well. In moments, I want to
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