Liverpool FC Open Doors To New Minority Owners

Liverpool majority owners, the Fenway Sports Group (FSG), have agreed to sell a stake in Liverpool to the worldwide sports investment company Dynasty Equity for a sum between £82 million and £164 million.

The arrangement ends FSG’s pursuit of more investors, which they had been doing to keep majority ownership of Liverpool.

The new investment will be mostly used to pay off the club’s bank debt.

Liverpool suffered a revenue loss of £100 million during the Covid-19 pandemic. Amidst that, the club repurchased the old Melwood training site for the women’s team, for £12 million. They also invested roughly £50 million towards the construction of a new training facility in Kirkby, which opened in 2020.

Hence, the funds from the new investors are expected to be used to repay the aforementioned expenditure and other debts.

After closing the deal, FSG president Mike Gordon said, “Our long-term commitment to Liverpool remains as strong as ever.

“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.”

FSG, who bought Liverpool in a £300 million deal in 2010, said in November 2022 that they “would consider new shareholders” and the new investment for a small percentage of the Reds’  shares brings that process to an end.

“Liverpool is one of the most iconic football clubs in the world with a passionate fanbase and significant global reach”, Dynasty’s chief executive officer, K. Don Cornwell, said.

“Dynasty is privileged to support the club and work alongside FSG to execute the tremendous growth opportunities ahead.”

Gordon added, “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.”