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Wednesday, June 19, 2024

PSG Owner Reportedly Not Interested in Liverpool

  • Fenway Sports Group is exploring a sale of Liverpool FC.
  • A sale has fetched expected price tags of up to $4.7 billion.
UEFA Champions League

Fenway Sports Group is exploring a sale of Liverpool FC, and the Qatari Royal Family is reportedly no longer considered a contender.

ESPN reported that its sources shut down previous reports that the family could be interested in the Premier League club. Earlier this week, it was reported that a Saudi-Qatari consortium was planning a joint takeover bid.

  • A sale has fetched expected price tags of up to $4.7 billion
  • FSG purchased the club for $358 million in 2010.

Through Qatar Sports Investments, Sheikh Tamim bin Hamad Al Thani owns Ligue 1’s Paris Saint-Germain, and the Emir of Qatar is reportedly focused on PSG — two Champions League clubs cannot be under the same entity, per UEFA rules. 

Sheikh Joaan Al Thani, the Qatar Olympic Committee president, is also reportedly not in talks for the team.

Mumbai Indians owner Mukesh Ambani and Dubai International Capital are reportedly interested in the club.

PSG Pricing

The Qatari Royal Family may not want Liverpool, but it is interested in selling some of its current team. 

Qatar Sports Investments is seeking a more than $4.1 billion valuation for Paris Saint-Germain by offloading a 15% stake in the team, which it purchased for roughly $72.3 million in 2011. The club earned $574.6 million in revenue last year.

PSG is also looking at options to own its own stadium, whether building a new one or buying the 80,000 capacity Stade de France.

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