Sat | Dec 15, 2018

Not for sale - Liverpool's American owners holding firm

Published:Saturday | August 25, 2018 | 12:06 AM
Liverpool's Mohamed Salah, (centre) celebrates a goal with teammates Robert Firmino (left) and Andy Robertson.

LONDON (AP):

Liverpool maintain that they are not for sale, but the American owners remain open to minority investment.

The Premier League club was responding to the Daily Mail newspaper reporting that a relative of Manchester City owner Sheikh Mansour was exploring a takeover in the last year that valued Liverpool at £ 2 billion pounds.

The pursuit of Liverpool did not progress. The 18-time English champions were bought in 2010 by the Fenway Sports Group, which also owns the Boston Red Sox, for £ 300 million.

 

MINORITY INVESTMENT

 

"FSG have been clear and consistent in their stance that the club is not for sale," Liverpool said in a statement. "What the ownership have said - again clearly and consistently - is that under the right terms and conditions, we would consider taking on a minority investor, if such a partnership was to further our commercial interests in specific market places and [was] in-line with the continued development and growth of the club and the team."

Liverpool reached their first Champions League final in 11 years in May but lost to Real Madrid. The club was England's biggest spender ahead of the new season, with a net transfer outlay of around US $200 million. After a fourth-placed Premier League finish in May, Juergen Klopp's side have opened the new season with back-to-back victories as Liverpool chases a first English title since 1990.