Forbes values Liverpool at $4.45 billion, roughly ten times what FSG paid.
The Boston-based group has also invested in the team’s infrastructure, renovating its historic Anfield stadium with two new stands and also built a new training facility.
But there has been growing private concern among ownership over whether the team can continue to compete at the top of the league and in European competition against teams owned by the Gulf states. Manchester City, which has been the dominant English team for much of the past decade, is owned by the brother of the ruler of the United Arab Emirates, and Newcastle was recently bought by Saudi Arabia’s sovereign wealth fund. While Qatar has fueled Paris St.-Germain’s rise to supremacy in France.
City’s spending has been particularly difficult to match, with Liverpool among a group of Premier League clubs frustrated by the pace of an ongoing investigation into allegations that City broke league financial rules to fuel the your success
If a sale were to go through, Liverpool would make a huge profit for FSG, who have invested relatively little in the club compared to their biggest Premier League rivals in the decade they have owned the team. Sound management, smart signings and success in the often fickle player transfer market have allowed the team to compete above English and European football.
Since signing Klopp, the team have managed to compete with City by improving their squad largely with money raised from the sale of other players, a process that has not been universally popular, with some fans believing the prudence of the property has curbed the prospects of sustained success.
The success has also been marked by moments of missteps, including an effort to raise ticket prices that was reversed after a fan revolt. But the biggest backlash came in 2021, when Liverpool joined 11 top clubs in trying to break away and create a new European Super League. Liverpool and American-owned Manchester United, Liverpool’s main domestic rival in terms of global popularity, were at the forefront of these talks.
“I want to apologize to all the fans and supporters of Liverpool Football Club for the disruption I have caused over the last 48 hours,” Henry said at the time, making a rare public statement. “It goes without saying, but it must be said that the project presented would never be maintained without the support of the fans. Nobody ever thought differently in England.”
Those same fans now face new uncertainty.
Michael J. de la Merced contributed to the report.