Liverpool fans furious as FSG sell minority stake in club worth millions to Dynasty Equity
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Liverpool's owners, Fenway Sports Group, have sold a minority stake in the club to US-based investors - and Reds fans have reacted to the news.
FSG have repeatedly reiterated that they have not been looking to sell the club, with Reds principal owner John W Henry confirming in an Q&A-style interview with Boston Sports Journal reporter Sean McAdam that they were instead searching for investment.
That investment has now been confirmed. The Athletic have reported that Dynasty Equity, an American sports investment firm.
It is added that the deal is worth between $100 million (£82m) and $200 million (£164m).
That represents an investment of 1.9 per cent and 3.8 per cent, when taking in account Forbes' £4.3 billion valuation of the club.
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The cash, it is reported, will be used to 'heavily reduce bank debts' and cover the costs of several ongoing projects at the club. They include the repurchasing of their former training ground, Melwood, which will be used by Liverpool Women, and the redevelopment of the Anfield Road Stand.
But the deal will not result in manager Jurgen Klopp being given an inflated budget to spend in the transfer market - which has not gone down well with fans.
The Reds spent around £150 million in the summer to sign four midfielders, splashing out £60 million to bring in Dominik Szoboszlai from RB Leipzig.
But that spending was in part funded by several player sales and releases, and Reds fans have been critical of FSG in recent years for a perceived lack of action in the transfer market.
Taking to X (Twitter), one Liverpool fan reacted with fury to the transfer budget news: "How do they expect the team to have any success without investment? Are we gonna keep waiting until it's two or three years too late to bring in new players?"
Another added: "What a terrible day."
A third wrote: "Great... so it means nothing really in terms of strengthening the squad."
And a fourth said: "What an absolute disaster that is."
However, other fans did offer some balance. One wrote: "If we're financially healthy and debt-free, it would mean FSG would be more inclined to spend more freely on transfers. Not everything has to be spun negatively."
Another wrote: "As long as they do what they did this past summer and sign young, high-ceiling players like Szoboszlai, Mac Allister and Gravenberch, we're good."
Featured Image Credit: Getty
Topics: Jurgen Klopp, Liverpool, Premier League, Fan Reactions
