Liverpool were rescued by FSG back in 2010. The Reds were in real trouble before John Henry and co arrived. Since then we’ve been utterly transformed. Recent reports suggested the owners were looking to cash in to an extent. However, talks between FSG and Red Ball have allegedly collapsed. Some Kopites are worried.
FSG and Liverpool
Liverpool were in real trouble in 2010.
The club had been run into the ground by Tom Hicks and George Gillette.
Administration was a real concern and a deal had to be done quickly.
FSG (then NESV) showed up and bought the club for £300m.
In the decade since we’ve seen John Henry’s firm transform the organisation from top to bottom.
Managers came and went, all leading up to the decisive appointment of Jürgen Klopp.
Recruitment became data driven and successful. We’ve started winning trophies again and the club is posting record profits.
For most of the last decade the ownership has appeared to be a match made in heaven.
In recent weeks some cracks have started to emerge due to the owners’ lack of investment despite obvious areas of concern in the squad.
Money is tight due to the pandemic.
FSG and Red Ball collapse
Weeks ago we learned that FSG were in talks with Red Ball over a mega investment.
Red Ball are a SPAC (Special Purpose Acquisition Company) fronted by Moneyball inspiration and long time friend of John Henry, Billy Beane.
Ex-Premier League chief Richard Scudamore is also thought to be involved with the group.
Talks were allegedly underway regarding Red Ball purchasing 25% of FSG.
This would amount to an investment of around £1.5m given the company’s $8bn valuation.
However, according to Axios, the talks have collapsed as Red Ball have failed to raise the sufficient capital to meet the asking price.
Fans concerned
Some are worried the collapse could impact potential signings.
Does the collapse point to a bigger deal?
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