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 and FSG investment hopes boosted as £16bn company confirms Premier League interest

Home> Football

Published 11:39 29 Jun 2023 GMT+1

Liverpool and FSG investment hopes boosted as £16bn company confirms Premier League interest

Liverpool could soon receive a boost.

Ryan Smart

Ryan Smart

google discoverFollow us on Google Discover

Liverpool and FSG's hopes of further investment have been boosted after the CEO of a £16 billion-valued company stated his interest in the Premier League.

The club's principal owner, John W Henry, stated in March that Fenway Sports Group (FSG) - the company he established in 2001 - had no intention of selling Liverpool.

However, the American businessman told the Boston Sports Journal that FSG were exploring the possibility further investment into the club.

He explained: "Will we be in England forever? No. Are we selling LFC? No. Are we talking with investors about LFC? Yes.

Advert

"Will something happen there? I believe so, but it won't be a sale. Have we sold anything in the past 20+ years?"

Pressure has grown on FSG over the past year, with last summer's transfer business criticised prior to the club's failure to qualify for the Champions League.

The Reds have recently completed the signing of Alexis Mac Allister from Brighton for a reported fee of £35 million.

But news of Arsenal's agreement in principle with West Ham over the signing of Declan Rice for a total of £105 million has proven that other clubs are spending more money on players.

Despite this, however, FSG's hopes of investment have received a boost.

CEO admits interest in Premier League investment

Speaking on the Walker Webcast, the CEO of Liberty Media, Greg Maffei, outlined that the company is interested in investing in the Premier League in the future.

Liberty Media currently owns the Formula One Group, the group of companies which is responsible for the running of the sport.

In January, Forbes ranked Liberty Media as the world's richest sports empire, at $20.8 billion (around £16.5 billion). The company also owns MLB franchise Atalanta Braves and IndyCar team Meyer Shank Racing, which won the prestigious Indy 500 in 2021 with driver Helio Castroneves.

Maffei explained: "The demonstrated success of Formula One, we now have - credit them - a reputation in sports and others we have talked to, we can replicate that.

"You mention the Premier League teams; there isn't an asset we haven't looked at.

"That doesn't mean we've been ready to buy them all but we look at everything because we do think sports in general is attractive.

"We do think there are upsides and do think those things that management teams have taught up can help apply perhaps in other sports situations."

Featured Image Credit: Alamy / Andrew Yates/Sportimage / HIGH TWO/dpa/Alamy Live News

Topics: Liverpool, Premier League, Formula 1

Ryan Smart
Ryan Smart

Live in constant hope of the top flight as a Preston North End fan. Written in the past for SPORF, GiveMeSport and more.

Recommended reads

Tyson Fury explains why his 14-year-old son Prince has “no choice” but to become a boxerGettyTyson Fury targets Jon Jones clash as next move after boxing confirmedGetty“I don’t fight for a country” – Michael 'Venom' Page reveals why he won’t walk out with a flag at UFC LondonGeoff Stellfox/Getty ImagesLerone Murphy details ‘bucket list’ fight ahead of UFC LondonChris Unger/Zuffa LLC

Advert

Choose your content:

2 hours ago
4 hours ago
5 hours ago
  • Getty Images
    2 hours ago

    Donald Trump makes controversial ICE decision that could impact World Cup fans

    The US is set to co-host the FIFA World Cup alongside Mexico and Canada this summer.

    Football
  • Getty Images
    2 hours ago

    Arsenal Invincible says Carabao Cup final defeat could be a good thing - 'I'm not unhappy'

    Jens Lehmann has provided an interesting take on Arsenal's defeat to Man City...

    Football
  • Ash Donelon/Manchester United via Getty Images
    4 hours ago

    Man Utd enter 'all out war' for Premier League superstar

    Manchester United are prepared to go big for one of the biggest names in the Premier League.

    Football
  • Getty
    5 hours ago

    KSI called out over 'classless' four-word post about Baller League controversy

    KSI's post has gone viral on social media.

    Football
  • How Premier League can secure fifth Champions League spot as UEFA rankings updated
  • Steven Gerrard names club he'd want to win Premier League other than Liverpool
  • F1 'considering unprecedented' decision as insider issues update on Saudi and Bahrain races
  • Premier League club to complete transfer in March as player arrives for medical