Fenway Sports Group could lose out on £350m when they sell Liverpool FC, after news emerged they had put the club up for sale.
The Reds could end up missing out on hundreds of millions, due to the declining value of the pound in recent months.
That’s according to CBS journalist Ben Jacobs, who reports amid the current economic climate, consortiums actively considering purchasing the club would only have to pay $4billion compared to the $4.4billion it would have cost a few months ago.
This comes after the American owners shockingly put Liverpool up for sale, following the news that a full sales presentation has been produced for interested parties.
Whether a deal will be done is yet to be seen, but FSG are inviting offers.
FSG put Liverpool up for sale
Whilst this will come as surprising news to Liverpool fans, the timing of the decision during the current economic climate makes the sale all the more confusing.
Having explored the opportunity of selling the club in the past, FSG have always decided against progressing with any potential offers.
This is in spite of the Reds’ valuation, which has been £3.5billion for a while now, following domestic and continental success.
Often criticised for their lack of investment into the squad, the decision to sell the club during a time when they will receive £350m less than they previously would have done, doesn’t really appear to make much sense.
Liverpool are clearly on a downhill run, and funds have been sparse when looking to help rebuild the squad back up.
Maybe FSG have only just realised the money needed to get the Merseyside outfit back to where they were a few years ago, and this has made them consider their position.
Either way, major investment into the club should come as a good thing – if the sale goes smoothly and is sold to the right party.
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