FSGās prospects of selling Liverpool were given a ākick in the teethā by Manchester Unitedās decision to put themselves up for sale.
Thatās according to journalist Matt Slater. Speaking to The Athletic Football Podcast today, Slater outlined several reasons why FSG have struggled to generate much tangible interest in Liverpool.
āFor whatever reason it hasnāt worked out. I think because of that high valuation for Chelsea, the fact that the economy, weāre one year further on and itās not looking great, the fact that Liverpool have some challenges around re-tooling,ā the journalist explained.
āI think some American sports investors who have the ability to pay that big price are thinking āsuper league appears to be off the table for a while, project restart [Project Big Picture] which was Fenway Sports Groupās thing didnāt go anywhere.ā So, I think thereās a few factors here that have created this⦠the timingās wrong.
āAnd then the last factor of the timing being wrong, what did Man United do a few weeks later? They massively stole the thunder and the light and sucked the air out of the room. Man United going on the market a few weeks later was just a kick in the teeth.
āSo thatās where this whole process is. Thatās not to say people donāt like Liverpool. Itās not to say people arenāt interested, itās not to say the bankers involved are not taking calls and Iām sure thereād be umpteen people whoād take a minority stake at the right price. But there hasnāt been someone come along and says āyes, hereās four billion, three-and-a-half billion, five billion, whatever you think it is you need, weāre having it.'ā
Liverpool going to have to be patient
You can just imagine the scene inside FSGās boardroom when the news that the Glazers had put United up for sale in November. Just weeks after theyād filtered similar news out of Anfield, John Henry and co must have been livid.
Well, maybe not, actually. Despite the clubās rivalry on the pitch, FSG and the Glazers appear to have a very cordial relationship. It was Liverpool and United who tried to orchestrate the infamous āProject Big Pictureā in 2020 after all.
Given their close ties, youād have to assume that FSG were aware of the plans of their countrymen down the East Lancs Road.
As a result, they may have already expected a little bit of a challenge in selling the club. United are, unfortunately, still a slightly bigger fish in terms of mass-market appeal. Their appeal may have just taken the sheen off Liverpool a little.
FSG wonāt panic, though. If they thought this was the right time for them to start plotting their exit strategy, you can bet it will have been thought through in the most thorough way possible. It seems likely that theyāll have been aware of the Glazers intentions and how it could affect interest in their own asset.
So, it may have been a little kick in the teeth to their own ambitions, but they were never going to rush anything anyway. That isnāt the FSG way. By the sounds of what Slater says, they, and everyone connected to the club they control are going to have to be patient.