This is MASSIVE news! Fenway Sports Group (FSG) has shocked everyone as they have announced that they are willing to sell the ENTIRETY of their ownership stake in Liverpool, signaling the end of the Renaissance Era of Liverpool.
Okay, saying that Liverpool’s Rennaissance Era might be a bit of an extreme, but I don’t know how else to describe this groundbreaking announcement.
Liverpool have undergone a dramatic change ever since FSG, owned by John Henry, purchased Liverpool for just £300M back in October of 2010. During that ‘Dark Age’ prior to the FSG purchase, Liverpool was constantly floundering in the Premier League as they struggled to even make it into the Top-4.
So, for anyone who says that the unending success, which includes a Premier League title and a Champions League win, that has transpired in the 12 years since Henry purchased the team is not a ‘Renaissance’ would be lying.
Liverpool have been (in my humble opinion) the best team in the Premier League in the last Baker’s Dozen years as they not only broke their 30-year Premier League drought and added their 6th Champions League title (the most among English teams), but they also did it without the help of unlimited oil money.
Yes, Manchester City fans, having an unlimited amount of money to buy £75M fullbacks and £150M strikers each season to steamroll the Premier League does make your achievements worth less than a team that wins by actually scouting and developing talent.
Anyway, the real reason why this is such massive news is due to the fact that Liverpool will undoubtably be sold for a new world record fee.
After former Chelsea owner Roman Abramovich was forced to sell his team to Todd Bohley for £2.5B this summer, the market for such high-profile sales has been irrevocably set as it is reasonable to assume that Henry and FSG will demand an excess of £3B at the very least. Though, if some reports are to be believed, Henry will be looking for over £4B for Liverpool, which would obviously blow Chelsea’s sale record out of the water.
In fact, the sale of Liverpool might become the most expensive sale of any sports team in world history as the Denver Broncos from the NFL, who currently hold the record after the Walton family bought them, with a $4.65B closing. It’s not hard to believe that Liverpool, one of the two most successful English sides ever, will be sold for more than the Denver Broncos.
Nonetheless, the next important question that all Liverpool fans will have is: who will buy the team? And, for that question, I’ve got no idea.
There’s a rumor that the Ricketts Family (the family that owns the Chicago Cubs) are interested in buying The Reds, but they’re Forbes net worth only places them at $3.7B. Obviously, if Liverpool will only be sold for £4B+, then there is no way the Ricketts Family will be able to afford them.
Regardless, the one thing I do know is that there is about to be serious change at Liverpool.
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