India’s 2nd richest man now in race to takeover Liverpool FC

Indian Billionaire Mukesh Ambani has entered the race to become the new majority shareholder of Liverpool FC.

Source: IBIndia News

Indian Billionaire Mukesh Ambani has entered the race to become the new majority shareholder of Liverpool FC.

Mukesh Ambani, a multi-billionaire,  is showing interest in purchasing Liverpool. And the club may be headed for an Indian takeover.

Forbes lists Ambani as the seventh wealthiest person in the world. He has a net worth of around £90 billion and has already inquired about the club.

But given that Liverpool’s existing owners, Fenway Sports Group, have been inundated with tentative bids, he will have to fend off interest from other parties from the Middle East and the USA.

They reportedly want to sell for £4 billion. Moreover, there is enormous interest in buying the Merseyside club outright.

Ambani can be the next Liverpool owner

However, Ambani won’t be deterred by that sum because he loves sports a lot.

Moreover, he helped create the Indian Football Super League and owns the storied Mumbai Indians of the IPL.

While cricket is a religion in India, football quickly catches up thanks to the English Premier League. Liverpool is one of the most well-supported clubs in India, and their jersey sales are at an all-time high.

Ambani, 65, would be willing to inject millions into the club for transfers. Moreover, it will help Liverpool’s aspirations as they look to continue being one of Europe’s most successful clubs, given his immense riches and passion for success.

He was dubbed “The World’s Richest Sports Team Owner” after completing the purchase of the Mumbai Indians. Moreover, this would be welcome news to Liverpool supporters who feel that FSG has not fully supported manager Jurgen Klopp in the transfer market.

But as interest from Dubai, Bahrain, and the USA becomes more intense, Ambani won’t have the negotiation table to himself. And this is excellent news for FSG co-founder John W Henry and his friends.

To explore the possibility of an investment in the club or a complete acquisition, Fenway hired investment banks, Goldman Sachs and Morgan Stanley.

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