by Hasib Afzal (@LFCTalk7)
Liverpool owners Fenway Sports Group (FSG) have entered into initial discussions to sell a minority stake to Redball Acquisition Corp. The face of Redball is none other than moneyball mogul Billy Beane, according to reports.
It is suggested that if the the acquisition goes through, Redball would acquire a 25% stake taking FSG’s value to a staggering $8billion including debt. The deal would also take John W Henry’s sports holdings public.
The club is a far cry from the last days under Hicks and Gillett in 2010; the days when the Royal Bank of Scotland was calling in hundreds of millions of punds worth of debt.
It is no secret that FSG operate on a sell to buy basis. Since FSG’s takeover in late-2010, Liverpool’s net spend per transfer window stands at a relatively insubstantial 18.5 million.
So, what does the potential acquisition mean? Well, the obvious plus point is a cash injection into the club, which could prove pivotal given the loss in match-day-revenue due to COVID-19.
With supports still unable to attend live matches for the foresseable future, the potential merger would surely ease financial concerns.
Future Transfer Dealings
There is no denying that Liverpool are long-time admirers of Kylian Mbappe and Jadon Sancho (both valued at £100million+), for example .
The stumbling block to any potential move is said to be that one of Saido Mane, Mo Salah or Bobby Firmino would have to make way to finance either move.
However, with fresh investment on the horizon, FSG could shift their strategy away from sell-to-buy, and go toe to toe with the very richest, very biggest, and very best – the likes of Madrid, Barcelona, PSG and Manchester United.