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Liverpool owner FSG sells minority stake to Dynasty Equity in £82m-£164m deal

Posted : 29 September 2023
Liverpool's owner, Fenway Sports Group (FSG), has reached an agreement to sell a minority stake in the club to global sports investment firm Dynasty Equity. The deal is valued between £82 million and £164 million and allows FSG to retain majority ownership of the club.

The primary use of this new investment will be to pay off Liverpool's bank debt. The club faced financial challenges during the Covid-19 pandemic, losing £100 million in revenue. Additionally, they invested in a new training ground in Kirkby and the re-purchase of their previous Melwood training base for the women's team, totaling £62 million. Ongoing developments, like the Anfield Road Stand, are estimated to cost around £80 million.

FSG has also made significant investments in player transfers, spending approximately £145 million during the summer on new signings. The new cash injection is expected to help cover the costs of infrastructure projects and reduce the bank debt rather than being directly used for player transfers.

FSG president Mike Gordon reaffirmed their long-term commitment to Liverpool and mentioned their willingness to find the right investment partner to ensure the club's financial resilience and future growth.

This minority stake sale concludes FSG's search for new investors, marking a significant development in Liverpool's financial stability. Dynasty Equity's CEO, K Don Cornwell, expressed the firm's privilege in supporting Liverpool and collaborating with FSG to capitalize on future growth opportunities.

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