Liverpool were in a mess before FSG bought the club in 2010. In just 10 years we have seen the club completely transformed, and not just in a bored-oligarch-wants-a-pet way, in a unstoppable-self-sustainable-superclub way. Despite the club’s successes the owners are reportedly looking for a cash injection. According to the New York Post the Reds may get their wish with Billy Beane allegedly considering an investment of up to $1bn.
When FSG bought Liverpool in 2010 the club was saddled with debt and on the brink of administration.
Over the course of a decade the owners have transformed the club top to bottom, rethinking the club culture in order to make the side self sustainable and profitable again.
In recent years the Reds have posted record profits off the pitch and conquered the world on the pitch, an unimaginable feat under the previous owners.
However, the impact of the global health crisis has led to unprecedented losses and, when coupled with the futility of FFP regulations, FSG may be waking up to the need for further investment.
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Billy Beane considering Liverpool
According to the New York Post, sporting executive legend Billy Beane is considering investing in Liverpool FC.
The former Oakland A’s man is part of a SPAC (special-purpose acquisition company) by the name of RedBall. The group was allegedly set up with a view to investing in a Premier League club.
Although this has not been confirmed the English top flight is believed to be the target due to the involvement with RedBall of former Premier League chairman Richard Scudamore.
The New York Post claims that Beane has up to $1bn at his disposal and their sources claim he is a big Liverpool fan as well as a good friend of Reds’ owner John Henry.
What RTK has to say
This could be gigantic news.
If Billy Beane’s company does indeed invest in Liverpool then it could be the last big kick the club needs to really cement its place as the premier side in world football.
At the minute the Reds are being forced to live within their means whilst those around them spend extravagant amounts of money.
If Beane’s company does have $1bn available and does pick up a minority investment in Liverpool then we could be able to make more decisive moves in the transfer market. Mbappe2021 anybody?