sportbible homepage
sportbible homepage
  • Football
  • Boxing
  • UFC
  • Home
  • Football
    • Premier League
    • Champions League
    • World Cup
    • England
    • Transfer News
    • Manchester United
    • Liverpool
    • Arsenal
    • Real Madrid
    • Barcelona
  • Formula 1
    • Red Bull
    • Ferrari
    • McLaren
    • Mercedes
    • Max Verstappen
    • Lewis Hamilton
    • Lando Norris
    • George Russell
    • Charles Leclerc
  • Boxing
  • UFC
  • More Sport
    • Tennis
    • Golf
    • NBA
    • NFL
    • Darts
    • Athletics
    • Rugby
    • Wrestling
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
Threads
YouTube
Submit Your Content Here
  • LADbible
  • Tyla
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • FOODbible
  • UNILAD Tech
Liverpool owner John Henry has explained why 'cash influx' from Dynasty Equity sale won't be used on transfers

Home> Football> Football News

Updated 15:31 28 Sep 2023 GMT+1Published 15:14 28 Sep 2023 GMT+1

Liverpool owner John Henry has explained why 'cash influx' from Dynasty Equity sale won't be used on transfers

Liverpool owners Fenway Sports Group have recently been looking for investors

Marcus Chan

Marcus Chan

google discoverFollow us on Google Discover

Liverpool principal owner John W Henry has already explained why the new ‘cash influx’ will not be used on transfers.

Over the last few months, it was widely reported that Liverpool were looking for investors from the outside to boost the club’s finance.

On Thursday afternoon, it was confirmed that global sports investment firm Dynasty Equity has completed a minor investment in the Anfield club.

Advert

According to different reports, the stake Dynasty Equity has taken in Liverpool is estimated to be worth around £80-£160 million.

However, the new investment does not mean the club’s transfer budget will automatically be increased.

Back in March, Liverpool’s principal owner Henry, stressed that the investment would be for the long-term health of the club rather than short-term.

He told the Echo: “Our efforts every day have been and continue to be focused on the long-term health and competitiveness of the club.

“Investment in the club is never for the short term. This approach has been successful over the long haul with patience necessary from time to time. We’ve seen many football clubs go down unsustainable paths. We have and will continue to focus our attention on investing wisely in the transfer market and we remain incredibly proud of our squad.”

Henry added: “At the same time we continue investing in our training facilities, our main stand and currently the Anfield Road stand.

“These are all physical reflections of our resolve and how very seriously Fenway Sports Group takes its responsibilities for this great club. In regard to Liverpool Football Club, our commitment remains stronger than ever.”

Image
Getty

On the back of the new investment, Fenway Sports Group president Mike Gordon said: “Our long-term commitment to Liverpool remains as strong as ever. We have always said that if there is an investment partner that is right for Liverpool then we would pursue the opportunity to help ensure the club’s long-term financial resiliency and future growth.

“We look forward to building upon the long-standing relationship with Dynasty to further strengthen the club’s financial position and sustain our ambitions for continued success on and off the pitch.”

SPORTbible are on WhatsApp! We've launched a dedicated news channel to send you the latest news, features and plenty more directly on WhatsApp and all you need to do to sign up is click through to our one-way broadcast channel here for 'SPORTbible News' to appear in the 'Updates' tab on your WhatsApp.

Featured Image Credit: Getty

Topics: Liverpool, Football

Marcus Chan
Marcus Chan

Recommended reads

Lerone Murphy details ‘bucket list’ fight ahead of UFC LondonChris Unger/Zuffa LLC“All we want is people who really want to die for the shirt” – Danny Dyer talks West Ham, football agents and the toughest firms in the gameOne Last DealWhy Donald Trump lacks power on Iran's participation at World Cup as 'likely decision date' revealedGetty“We are here to win” - Nico Hulkenberg sets clear goal for Audi F1 entryGetty

Advert

Choose your content:

an hour ago
2 hours ago
  • Getty
    an hour ago

    Mexico issue statement as Iran ask to move World Cup games outside US

    Iran asked FIFA whether they could play their World Cup matches outside of the United States.

    Football
  • Getty
    an hour ago

    Premier League club to complete transfer in March as player arrives for medical

    The player has flown into London for a medical ahead of a mooted £28.5 million transfer.

    Football
  • Getty
    an hour ago

    How Premier League can secure fifth Champions League spot as UEFA rankings updated

    The UEFA co-efficient rankings have been updated after the latest Champions League fixtures.

    Football
  • TNT Sports
    2 hours ago

    Joe Hart loses his head and screams out after astonishing moment in Spurs vs Atletico game

    Joe Hart was on commentary duty for Spurs' Champions League clash with Atletico Madrid and let out a scream.

    Football
  • Lipreader reveals what Trent Alexander-Arnold said to Liverpool owner John W. Henry after Premier League title win
  • Why Angry Ginge Won't Be Awarded Cash Prize if He Wins I'm A Celebrity final
  • John Terry Reveals Why He Wants Liverpool to Win Premier League This Season
  • Liverpool move step closer to Alexander Isak transfer breakthrough after £25m cash injection