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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

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.

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

"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.

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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.

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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.

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"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.

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