Liverpool Owners Set for £665m Windfall after Record Transfer Window
Liverpool's owners are set for a £665m windfall after a record-breaking summer transfer window.
It was a busy summer at Anfield, as Liverpool spent £446m, which is the most ever spent by a Premier League club in a single window.
In June, they smashed the British transfer record to sign Florian Wirtz from Bayer Leverkusen for £116m, beating off interest from Bayern Munich and Man City. On deadline day, they ended the summer's longest-running saga with the £125m signing of Alexander Isak from Newcastle.
Huge Ekitike, Milos Kerkez, Jeremie Frimpong and Giovanni Leoni also arrived as the champions overhauled their squad. But there could be some relief for John Henry, who runs Fenway Sports Group (FSG), the owners of Liverpool.
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According to the Liverpool Echo, FSG are now in talks to sell the NHL team Pittsburgh Penguins.
FSG bought the ice hockey franchise four years ago for a reported $900m (£665m).
Despite their illustrious history, with five Stanley Cup triumphs, the Penguins have missed the NHL play-offs for three straight years.
FSG could still make a huge profit on their investment, with Sportsnet's Elliotte Friedman reporting the club would be sold for $1.75bn (£1.3bn).
What do FSG own?
Fenway Sports Group were founded in 2001 as a sports investment company, when Henry joined with Tom Werner.
In 2002 they took control of the Boston Red Sox, ending an 86-year wait for a championship, before re-establishing the Red Sox as one of the best baseball teams in the league.
In 2007, they branched into motor racing, by buying a 50% stake in Roush Racing to form Roush Fenway Racing.
They were a major force in NASCAR racing through the 2000s and early 2010s, although results have tailed off in recent years.
They took charge of Liverpool in 2010, winning the Champions League in 2018-19, before ending their Premier League drought the following season.
With Jurgen Klopp in charge, Liverpool went on to win every major club honour available to an English club.
The Pittsburgh Penguins were acquired in 2021, but the sporting project has underwhelmed
Earlier this year, head coach Mike Sullivan was sacked, ending his 10-year association with the team.
FSG have also invested into the TMRW Golf League that was set up by Tiger Woods and Rory McIlroy. They own one of the six teams in the competition, which represents the area of Boston.
FSG now boast a diverse portfolio of sporting investments, and while not every project has been a success, they have generally delivered strong results.
Topics: Liverpool, Football, Premier League
James Taylor