Fenway Sports Group could explore selling a minority stake in Liverpool to a sports investment group which already owns an established multi-club model.
That’s according to the Liverpool Echo, who claim the US-based owners have contemplated this avenue in the past but have never acted upon it.
They report that FSG had an interest in the Brazilian market, who had become more welcome to outside investment and to the creation of a ‘Super League’ of the biggest clubs in Brazil.
Utilising a multi-club model would be useful when it comes to recruitment, due to the challenges that have arisen signing foreign players in the wake of Brexit.
In particular, the Governing Body Endorsement (GBE) regulations that work on a points-based system, which players have to reach before being granted a work permit.
Liverpool need a full takeover
Although this may be useful at some stage in the future, this approach would still mean FSG would remain in charge at Anfield.
Liverpool need a full takeover of the club, otherwise nothing will change both on and off the pitch.
Say FSG sold a minority stake to a group who already owned a multi-club model, this wouldn’t make much of a difference for the Reds, as they wouldn’t use it to bring in new players, who could then be loaned straight back out.
The lack of investment into the squad won’t just appear overnight on Merseyside, like an out-of-the-blue epiphany.
The issue will remain that Jurgen Klopp won’t have a budget to work with.
This model only works if you have owners backing your spending in the transfer market.
Liverpool don’t with FSG, so it is imperative a full takeover happens before a multi-club model is even considered.