After months of searching, Liverpool FC’s owners have found a partner to raise money. They are making no secret about how it will be used
Under the label “Liverpool 2.0” created by Jürgen Klopp, the Reds just seem to be finding their way back to success in a sustainable way. And also at the top of the club, peace seems to be returning for the time being. After the Fenway Sports Group (FSG), which bought Liverpool FC in 2010, triggered speculation in November with its announcement that it was looking for new shareholders, the process was successfully completed on Thursday.
The club officially announced that FSG had sold some of its shares in the club to Dynasty Equity, a New York-based investment firm with a focus on the sports market. According to media reports, Liverpool can expect to receive 100 to 200 million US dollars (approx. 95 to 189 million euros). However, this money will hardly flow into Klopp’s team.
“Our long-term commitment to Liverpool remains as strong as ever “
“The minority stake will be used primarily to repay bank debt,” the club said, citing the financial impact of the Corona pandemic, the ongoing Anfield Road stadium expansion, investment in the training centre, the buyback of the Melwood training ground for the women’s teams, and more than €150 million spent in the summer transfer market.
“Our long-term commitment to Liverpool remains as strong as ever,” FSG president Mike Gordon assured. “We have always said that if there was an investment partner that was right for Liverpool, we would jump at the opportunity to secure the long-term financial stability and future growth of the club.” He added that Dynasty Equity would be used to “further strengthen the club’s financial position”.
It is also hoped that the work on the pitch will again contribute more to this. After missing out on the Champions League places last season, Liverpool are looking to at least get back to the top flight. With 16 points and second place after six matchdays, Klopp’s eleven got off to the best possible start.
