Private equity firm Dynasty Equity has acquired a stake in Liverpool FC from the owner FSG in a deal reportedly worth between £81m to £164m, according to a report by Proactive Investors.
The American-based company has confirmed the sale of the club, but haven’t precisely shared the financial details of the deal.
The funds are set to be used to pay down debt that accrued during the global pandemic.
Jan Vertonghen sends three-word message to Tottenham Hotspur fans after Jurgen Klopp comments
Moreover, it also includes the developments at the club’s Anfield stadium and training ground plus recent player acquisitions.
The report cites that FSG held talks with several potential investors. Finally, they chose the New York-based Dynasty, with the PE firm’s involvement said to be “small and passive”.
The American sports company acquired the English club 12 years ago for £300m.
In November, FSG’s principal owner John W. Henry said the firm would “consider new shareholders” if the “right terms and conditions” were met.
Liverpool confirms verdict of Curtis Jones Red card vs Tottenham – Decision overturned?
FSG and Dynasty delight over Liverpool deal
Speaking about the deal, FSG president Mike Gordon said that their long-term commitment to the club remains strong.
“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 long-standing relationship with Dynasty to further strengthen the club’s financial position and sustain our ambitions for continued success on and off the pitch.”
Dynasty’s CEO, K. Don Cornwell, and EC, Jonathan M. Nelson also responded with their delight in partnering with the Merseyside club.
Report: Man City tried to sign 24-year-old Liverpool player this summer, Julian Ward stopped them
“We are honoured to partner with FSG and support the remarkable legacy of Liverpool in a strategic partnership that builds upon mutual respect and deep relationships among our respective teams.
Liverpool is one of the most iconic football clubs in the world with a passionate fanbase and significant global reach. Dynasty is privileged to support the club and work alongside FSG to execute on the tremendous growth opportunities ahead.”
Various aspects of the deal were explored further
The deal including FSG and Dynasty has been further dissected by a finance expert in a Podcast from Anfield Index.
Liverpool fans will fume as word hidden from VAR transcript that suggests offside call was genuine
Many aspects include the margin of the sale by FSG, how it might affect their business model, and chances of further equity raises to generate funds.
Furthermore, what other factors might lead to FSG considering a sale in the future and how well the Reds are placed to compete with their rivals have been discussed.
I’m a football enthusiast and an avid writer and someone who lives by the Bill Shankly quote, on a day to day basis.
