FSG admits 'lots of interest' for Liverpool sale

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Fenway Sports Group have revealed that a lot of potential new investors have shown interest in Liverpool FC

Sam Kennedy

The Reds’ new owners revealed their first public comments in a statement mentioning that they were open to selling the club. FSG announced earlier this month that they’re actively seeking new investment.

As the American owners of Liverpool consider pulling out of their 12-year stewardship, Morgan Stanley and Goldman Sachs’s US banks assist with the search for new investors.

In October 2010, New England Sports Ventures, or FSG, bought Liverpool for £300million from Tom Hicks and Gillett,  the club has hiked to a worth over £3.5 billion since then.

Addressing speculation of the club's potential sale, Sam Kennedy who's an FSG partner and also the CEO of Boston Red Sox, said: “There has been a lot of interest from numerous potential partners considering investment into the club,” said Kennedy. “It is early days in terms of exploring possibilities for possible investment into Liverpool.

“Mike Gordon has done an extraordinary job of leading the club for the past decade-plus. He will be taking a step back from that role and (Liverpool CEO) Billy Hogan will be taking on more and more. Billy’s someone we’re particularly proud of in the Red Sox front office, he grew up in our organisation.

“Great companies grow by adding value to their business. One way to increase that value from time to time is to sell assets or add investors. Does that mean FSG is going to sell Liverpool? I do not know. It’s John Henry’s, Tom Werner’s and Mike Gordon’s job to responsibly run Fenway Sports Group and they felt this was an ideal time to explore possible opportunities for investment into the club.”

Kennedy added: “We have, over the years, expressed interest in making investments in other sports, including the NBA. “Nothing is imminent. As it relates to expansion, the league has not determined what it’s going to do on that front.”
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