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It's happening, FSG take giant step closer to Liverpool sale

FSG have now hinted heavily at the sale of Liverpool Football Club. This really does seem to be happening.It has been pretty clear over the course of the year, maybe longer, that FSG are open to selli...

It's happening, FSG take giant step closer to Liverpool sale

Liverpool Football Club, owned by FSG, is reportedly inching closer to a sale, according to recent statements from the club's management. FSG, which currently has a majority stake in the club, has been considering a sale for some time, but has not had direct control over the process.

In a significant move earlier this year, FSG sold 38% of the club to 1829 Holdings, a consortium led by Amit Bhatia, with Jeff Bezos as the primary figurehead. This deal left FSG as the majority owners, but a clause in the agreement allowed 1829 Holdings to acquire a majority share within 12 months, which is now approximately 10 months away.

FSG CEO Sam Kennedy recently provided a blunt statement about the company's priorities, indicating that Liverpool Football Club is no longer a primary focus. Kennedy stated that the Boston Red Sox, FSG's other major asset, is the top priority for the organization. This direct admission that Liverpool is not the main focus of FSG's attention has been interpreted as a strong indication that the company is preparing to sell the club.

The emphasis on the Red Sox suggests that FSG sees greater long-term potential in the baseball franchise, which is a far more valuable asset. As the majority owners of Liverpool no longer have direct control over the club's future, the likelihood of a sale is increasingly likely. The current evidence points to Liverpool Football Club being set for a change in ownership.

Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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