Liverpool FC for sale: Saudi-Qatar partnership in talks for the takeover
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A host of investors are eyeing Liverpool FC’s potential takeover, however, at present its Saudi-Qatar consortium is in talks of a £4bn deal.
Liverpool owner Fenway Sports Group (FSG) and John Henry sent shock waves in November, announcing their intentions to sell the club. The Merseysiders instructed Morgan Stanley and Goldman Sachs to find interested parties for a deal worth £4bn.
The news has led to many conversations about who will be the next owner of the Anfield club.
Back in 2010, FSG and John Henry took charge of Liverpool FC from the previous owners George Gillet and Tom Hicks. Since then, the club has tasted success with head coach Jurgen Klopp bringing trophies, meanwhile, transfer expert Michael Edwards helped the club with a sell-to-buy strategy, which worked up to a certain point.
However, the Reds’ hierarchy are now exploring potential sale options over the past months, as it looks like the FSG and John Henry era soon coming to an end.
Saudi Arabia and Qatar consortium in talks over Liverpool takeover
English giants Liverpool FC are in discussion with two middle-East based consortiums of a £ 4 billion takeover. There are reportedly many buyers interested in the purchase of the club, however, its duo of Saudi Arabia-Qatar consortium currently leading the race.
Speaking to Egyptian TV, Former Saudi Arabia international Saeed Al Awiran revealed plans for a possible Saudi-Qatar combined offer for the Merseysiders. If the deal gets through FSG are to taste huge profit given they brought the club for £300m back in 2010.
Moreover, Saudi Arabia’s Sports minister Prince Abdulaziz bin Turki Al Faisal has his backing over the deal, stating:
If there’s an investor willing to do so and the numbers add up, why not?
We will definitely support it if any [Saudi] private sector comes in, because we know that’s going to reflect positively on sports within the kingdom.
Furthermore, some experts believe that the deal could go beyond £ 4 billion, as Conrad Wiacek, head of sports analysis at GlobalData says,
The sale of Liverpool could reach in excess of $5 billion, with the club generating over $160 million from its sponsorship deals for the 2022-23 season alone,
Although recent reports from the Boston Globe newspaper, which is owned by John Henry, reveals, FSG are considering a part sale of the club to help fund transfers and other investment.
With uncertainties surrounding the club, It is anticipated the story will not finish anytime soon. Liverpool fans have to be patient for the future outcome.
