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    Friday, 24 August 2018

    How FSG turned down £2bn club takeover bid

    FSG rejected a bid of £2bn from the cousin of Manchester City owner Sheik Mansour

    The Reds' current owners FSG are said to have been approached by Sheik Khaled twice over the past 12 months to take full control of Liverpool in what would have been the most expensive takeover in football history.

    The Daily Mail claim Liverpool's owners heard from Sheik Khaled in late 2017 and then again in early 2018.
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    But the American owners rejected the approach, insisting the club is not for sale - however they are open to fresh investment.

    A statement from FSG on the subject has declared: "FSG have been clear and consistent: the club is not for sale.

    "But what the ownership has said, again clearly and consistently, is that under the right terms and conditions we would consider taking on a minority investor, if such a partnership was to further our commercial interests in specific market places and in line with the continued development and growth of the club and the team."

    Last October, the club chairman Werner insisted there was “no truth” in Middle East reports that FSG had rejected a £1.5billion offer for the club from Dubai financier Amanda Staveley and her firm PCP Capital Partners.

    And the Liverpool owners are not interested in parting with the club. However, they remain keen for further outside investment.

    FSG took over in 2010 for £300million and have since redeveloped the club on and off the field.

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