Liverpool have been transformed in the past decade. It is bizarre to think that back in 2010 the club was on the brink of administration, struggling for any sort of success. FSG have turned the ship around and we are eternally grateful for that. According to reports in America, FSG are preparing to sell 25% of the business to Red Ball.
The FSG era
When FSG took control of Liverpool the club was on the brink of administration, ran into the ground by the Hicks and Gillette ownership.
The two Americans plunged the club into masses of debt and left us in our bleakest period in our modern history.
FSG arrived like knights in shining armour, John Henry and co rescuing the club and steadily turning things around through savvy deals and appointments.
A decade into their stewardship and the club have been crowned champions of everything, Liverpool are making money and memories.
FSG prepared to sell 25% to Red Ball
According to the Wall Street Journal, Billy Beane and his company Red Ball are preparing to buy 25% of FSG.
Red Ball was set up by Billy Beane and other investors, including ex-Premier League chief Richard Scudamore, over the summer with the intention of buying a sports team.
The move would see FSG listed on the public markets and would value the company at $8bn (around £6bn).
The Financial Times believes the deal would be one of the biggest public offerings in recent sports history.
What RTK has to say
FSG selling a chunk of the business could be a definitive moment in the Reds’ history.
The money raised through the sale could be a massive boost to Liverpool, or it could mean people who don’t know about the sport meddling in affairs they don’t understand.
There may be little change at all as FSG also own other franchises such as the Boston Red Sox, maybe the money and focus will be on baseball.
Only time will tell but this is an exciting move nonetheless. Fingers crossed it could help us secure a dynasty for the years to come.