"We need..." - FSG chief makes honest admission about Liverpool's transfer business

A Fenway Sports Group (FSG) head insisted that Liverpool's owners “need to spend” to compete with their rivals.

However, with Fabinho on the cusp of completing a £40million move to the Saudi Pro League, and Jordan Henderson also linked to a move to the Gulf state, United will need to do more business to compete with their Premier League rivals.

Such success has been achieved with a self-sustainable model, to not put the club’s future in jeopardy.

However, the Boston-based group are often criticised by sections of the club’s support for their reluctance to spend.

FSG spending admission

FSG chief executive Sam Kennedy admitted that the Premier League has become more competitive because of major investors splashing the cash.

“Are we disciplined? Do we try to be disciplined? Yes, of course, because we need to spend at the player development area, on free agents, on transfers when it comes to global football."

Principal owner John W Henry confirmed earlier this year that talks with prospective parties had been held. Formula 1 owners Liberty Media are among those that have been linked.