Liverpool owners Fenway Sports Group have finally managed to secure a minority sale of the club to bring in some investment – but Jurgen Klopp won’t be able to use any of it towards new transfers. According to the Liverpool Echo, a small minority stake has been sold to American-based investment firm Dynasty Equity.
It’s said to be worth up to £164million with the money not being put aside for the transfer market. Instead, the investment will be used largely to pay off some of the debt accrued during the Covid-19 pandemic as well as the upgrades made to Anfield and the club’s training complex.
“Our long-term commitment to Liverpool remains as strong as ever,” FSG president Mike Gordon said. “We have always said that if there is an investment partner that is right for Liverpool then we would pursue the opportunity to help ensure the club’s long-term financial resiliency and future growth.
“We look forward to building upon the long-standing relationship with Dynasty to further strengthen the club’s financial position and sustain our ambitions for continued success on and off the pitch.”
It was reported a little under a year ago that FSG were exploring a potential sale of the club. But John W Henry shot down any suggestion FSG were looking to cash in on Liverpool in a statement earlier this year.
“I know there has been a lot of conversation and quotes about LFC, but I keep to the facts: we merely formalised an ongoing process,” he 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. Have we sold anything in the past 20-plus years?”
It’s now suggested that the agreement with Dynasty Equity concludes Liverpool’s search for investment. The report adds that Liverpool never were for sale and that FSG have no intentions of moving on in the near future either.
“We are honoured to partner with FSG and support the remarkable legacy of Liverpool in a strategic partnership that builds upon mutual respect and deep relationships among our respective teams,” said Dynasty Executive chairman, Jonathan M. Nelson.
