Report: FSG are now ready to buy new sports team, and it could influence Liverpool sale

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Liverpool owners Fenway Sports Group are set to buy a new sports team, and it could influence the sale of the Merseyside club.

According to The Bill Simmons Podcast, FSG and LeBron James are poised to acquire the Vegas-based expansion team coming to the NBA.

It is believed the purchase will cost £3.3billion – a similar price to what the Reds are being valued at on the current market.

This could suggest the American owners are planning on an imminent sale of the club, with a need to raise the funds to buy the basketball franchise.

As per FourFourTwo, back in March, James converted his stake in Liverpool into a one percent shareholding of FSG’s overall empire.

FSG ready to buy a new sports team

There has been such varied talk surrounding the Liverpool takeover, as of late.

Initially it was reported that FSG favoured a full sale of the club. This later became a partial sale, with John W. Henry wanting to keep control of the operation.

Thereafter, reports have flicked between the two – with no concrete update having emerged as of yet.

However, news that FSG want to buy an NBA team could have a serious effect on their plans for the Reds.

Although the group already own a variety of sports organisations, an outright purchase of the Vegas basketball team requires huge capital up front.

With a similar valuation to what the owners are hoping to sell Liverpool for, this could suggest that a takeover could happen sooner than first expected.

The sale will need to take place well in advance of FSG acquiring the NBA side, meaning we could have new owners at Anfield this time next year.