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Friday, June 14, 2024

Liverpool FC Owner Says Club Not for Sale

  • Owner says club will seek minority investors.
  • Fenway Sports Group also owns Boston Red Sox and Pittsburgh Penguins.
Liverpool-FC
Liverpool FC

One of the Premier League’s most storied clubs had reportedly been on the market for months, but it looks like Fenway Sports Group will hold onto majority control of Liverpool FC.

Liverpool principal owner John W. Henry has ruled out a full franchise sale, but said that FSG will have conversations with suitors about possibly selling a minority stake in the club.

Speaking with Boston Sports Journal before the start of Boston Red Sox spring training, the owner discussed the chatter surrounding the football club.

“Yes. I know there has been a lot of conversation and quotes about LFC, but I keep to the facts: We merely formalized an ongoing process,” Henry said. “Will we be in England forever? No. Are we selling LFC? No. Are talking with investors about LFC? Yes. Will something happen there? I believe so, but it won’t be a sale.”

A stake sale was discussed with the Qatar Investment Authority, but the sovereign wealth fund would reportedly prefer to hold a controlling stake in Liverpool rather than a minority one.

FSG also owns the Boston Red Sox, Fenway Park, the Pittsburgh Penguins, RFK Racing, and the regional sports network NESN.

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