Why FSG are quietly plotting their next big football move

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FSG Getafe takeover
FSG Getafe takeover

Liverpool’s owners, Fenway Sports Group (FSG), are up to something again — and this time, it’s not just about who plays up front at Anfield.

Behind the scenes, FSG are laying the groundwork for what could be their biggest sporting expansion yet.

From La Liga interest to rugby shake-ups, the group seems determined to grow their footprint well beyond Merseyside.

FSG have already spent the summer adding talent to Liverpool’s squad, but off the pitch, their focus has been on building a multi-club football model.

Michael Edwards, brought back earlier this year as FSG’s CEO of football, made it clear: “We are committed to acquiring and overseeing an additional club, growing this area of the organization.”

After failed moves for Malaga and Bordeaux, FSG reportedly turned to Getafe. Talks are ongoing, with The Athletic claiming a possible staged takeover could be on the cards.

While Getafe president Angel Torres publicly played it down — saying “we’re not for sale” — the club’s valuation has quietly dropped from £160m to around £100m. In football, that’s often code for “make us an offer.”

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Liverpool owners FSG linked with bold expansion

But FSG’s ambitions aren’t just limited to the soccer pitch. Reports now suggest they’re also looking at rugby — not to watch it, but to reshape it.

Alongside the Glazers and Red Bull, FSG is linked to a proposed global rugby league called R360. Franchises may cost just £15 million each, a relative bargain in sports ownership.

The project could launch in 2026, with teams in cities like London, Tokyo, Boston, and Miami. Think of it as rugby’s version of the Super League, only this one might actually happen.

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