Tuesday December 5, 2023

Liverpool Could Launch Bidding War Between Richest Sports Owners

  • Mukesh Ambani and Steve Ballmer are both thought to be interested in Liverpool.
  • Sale estimates range from $3.2 billion to $4.7 billion.
Liverpool FC
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Fenway Sports Group’s sale of Liverpool FC could spark a bidding war between the world’s two richest sports team owners.

Mukesh Ambani, owner of the Indian Premier League’s Mumbai Indians, is interested in the Premier League club — but he may face opposition from Los Angeles Clippers owner Steve Ballmer, who has recently been linked to Liverpool as well.

  • Ambani — net worth $94.3 billion according to Forbes — and Ballmer ($79.5B) are the richest sports team owners in the world.
  • Boston Celtics owner Steve Pagliuca may also be interested, according to the Daily Mail. Pagliuca joined a consortium that made an unsuccessful bid for Chelsea FC.
  • Dubai International Capital, which is connected to the nation’s sovereign wealth fund, could also explore a bid.

Premier Price

Fenway Sports Group could set the price tag at $3.2 billion, per the Daily Mail, but other sources have floated higher estimates, with the Mirror putting the ask as high as $4.7 billion.

The team’s next set of financial figures is reportedly expected to show revenue of $706.8 million for the 2021-22 season.

FSG, which bought Liverpool in 2010 for $353.4 million by today’s exchange rate, is reportedly interested in bringing an NBA franchise into its portfolio. The group also owns the Boston Red Sox and Pittsburgh Penguins.

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