The FSG reportedly have no interest in encouraging a Liverpool Football Club auction or in accepting the highest bid that may arise from it.
This comes courtesy of Kevin Palmer, who points out that primary owner John W Henry wants to make sure the Premier League side is competitive in the long term, whatever solution is found.
“While Fenway Sports Group, who have been in charge of Liverpool for the past 12 years, are keen to sell for a price that highlights the club’s value in today’s football market, they have made it clear they are not interested in hosting an auction. and reach an agreement with the highest bidder”, wrote the journalist for the Sunday World. “Owner John W Henry and his fellow Liverpool owners are keen to find a solution for the club that will improve its prospects for long-term success on and off the pitch.”
This comes amid major interest in the Reds from a Saudi-Qatari company to a German consortium, if such claims are to be believed.
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It’s refreshing to hear that our owners remain committed to the cause and it’s certainly a view in line with Tom Werner’s earlier statement that business as usual until a new owner or investor can be found.
Ultimately, of course, one has to point to the American’s comparatively poor financial capabilities against those of PIF-funded Newcastle United and Sheikh Mansour-funded Manchester City.
That’s not to say that Fenway has been a bad manager, all but given the improvement across the board, from manager to club infrastructure, though it’s getting harder and harder to compete as financial fair play lacks serious teeth. .
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