Chinese Billionaires Want To Buy Liverpool From Fenway Sports Group

Rumours are gathering that FSG could sell the club to an investment group backed by the Chinese government, with the reports are coming from the Independent

It’s being reported that a bid in the region of £700 million could be on the table. That’s like 8 and a half Gareth Bales. The group reportedly interested is called SinoFortone

Apparently, they have already investigated the possibility of the building of a new stadium in the dockland area of Liverpool. While it may be pointless to discuss it at this point, I can’t see a move away from a stadium as rich in heritage as Anfield. Not to mention that Fenway Sports Group is currently funding the redevelopment and expansion of the main stand.

Their takeover of the club would also involve a renovation of the club’s training ground, Melwood. While this may not be entirely necessary there is no reason to indicate that it would be a bad thing.

According to the Independent, FSG have been aware of interest to purchase the club since March. It is believed that the owners are reluctant to sell with the new TV deal set to increase the value of all Premier League clubs and the belief from FSG that Jürgen Klopp can restore Liverpool to domestic and European dominance.

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In my opinion, not that it matters that much, is that Liverpool are doing well under the American ownership. When they took over from Hicks and Gillet the club had huge financial issues and ever since it has been plain sailing. If you ignore the fact that Liverpool is run more like a business they are quite brilliant.

They brought Klopp to Liverpool and are funding the expansion of Anfield. While they’ve had their issues like the recent ticket price embargo, it would be great for the club to have a sustained period where the club kept the same players, manager and owners for several years. I believe it could be crucial to Liverpool’s restoration to the elite.

Featured Image – Sky Scraper City

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