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John Henry rules out selling Liverpool and reveals FSG's plans for the club

Home> Football

Updated 17:31 20 Feb 2023 GMTPublished 16:33 20 Feb 2023 GMT

John Henry rules out selling Liverpool and reveals FSG's plans for the club

Liverpool owner John Henry has confirmed the club is not for sale.

Chris Byfield

Chris Byfield

Liverpool owner John W Henry has finally broken his silence on Fenway Sports Group's stance on selling the club.

In November last year it was reported Fenway Sports Group (FSG), who bought Liverpool in 2010 for £300million, had put the club up for sale and produced a full sales presentation for interested parties.

Furthermore, American banks Goldman Sachs and Morgan Stanley have been retained to assist with the process.

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In response FSG released a statement confirming they would "consider new shareholders" provided "it was in the best interests of Liverpool as a club", though the Americans insisted they remained "fully committed" to the Reds.

The subsequent months saw speculation linking European consortiums, American venture capitalists and oil-rich Middle Eastern states to a takeover of the Merseyside club.

However, The Athletic have reported that in the three months since exploring the prospect of a sale FSG have received no firm bids and not much buzz. In turn, the publication deemed minority investment as a far more likely option.

Liverpool 'not for sale'

Liverpool owner Henry confirmed that FSG had opted not to sell Liverpool outright.

Instead, FSG are searching for investment into Liverpool to recapitalise the business ahead of a potentially costly period.

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The 73-year-old rarely speaks publicly but allowed for some questions via email from Boston Red Sox reporters ahead of the first day of spring training in Florida.

Indeed, in response to a question from Boston Sports Journal writer Sean McAdam, Henry confirmed that FSG were not selling Liverpool.

"I know there has been a lot of conversation and quotes about LFC (Liverpool Football Club), but I keep to the facts: we merely formalised an ongoing process," he said via Liverpool Echo.

"Will we be in England forever? No. Are we selling LFC? No. Are 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?"

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On the pitch, Liverpool prepare to to take on Real Madrid at Anfield on Tuesday in the Champions League last-16, in a repeat of last season's final.

Featured Image Credit: Alamy

Topics: Liverpool, Premier League, Football

Chris Byfield
Chris Byfield

Sport journalist with experience writing on football, rugby, boxing and the Olympics. I'm also a Crystal Palace fan. Please don't hold this against me.

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