The owners of Liverpool Football Club, Fenway Sports Group (FSG) have agreed to sell a minority stake in the club to a United States-based investment firm, Dynasty Equity.
It had been reported around 15 months ago that FSG were open to selling the club and there was rumoured Qatari interest in purchasing the storied Premier League side.
However, over the calendar year, it has become clearer that FSG would actually have preferred to seek new investment and they have finally now agreed a deal for that to take place. It also appears that the ownership group will no longer seek further investment into the club.
Dynasty Equity are a ‘global sports investment firm’ that have agreed a deal to take a stake of between £82 million and £164 million in the club. This money is expected to be used to pay off the club’s debt.
FSG president, Mike Gordon, has said: “Our long-term commitment to Liverpool remains as strong as ever. We have always said that if there is an investment partner that is right for Liverpool then we would pursue the opportunity to help ensure the club’s long-term financial resiliency and future growth.”
According to Dynasty Equity’s own website, the firm was co-founded by Jonathan Nelson and K. Don Cornwell and it seeks to ‘provide partnership solutions to support franchises and leagues’.
On the pitch, Liverpool have started the 2023/24 campaign extremely well across all competitions with their 3-1 victory at home to Leicester in midweek in the third round of the EFL Cup extending their unbeaten start to the season.
They are unbeaten across all competitions after eight matches and now face a trip to a Tottenham Hotspur side who are also unbeaten in the Premier League this season in what is a repeat of Jurgen Klopp’s first game in charge of The Reds.
