Fenway Sports Group’s search for investment in Liverpool has reached a conclusion, with the Reds owners reaffirming that they are not looking at an exit route from the club.
New York-based Dynasty Equity, have taken a small minority position in the club, with the move designed to clear the club’s bank debt and not to fund transfer market activity.
The value of the deal has not been disclosed but is understood to be between $100m and $200m. There will be no change in operational control at the football club.
John W. Henry, FSG chief and Liverpool’s principal owner, had made it clear earlier in the year that the club was not for sale
There is no further search for a minority partner now being conducted and the club is not, and has never been, for sale.
A move to bring Dynasty Equity on board solves a debt issue that FSG had been seeking to address,
Dynasty Equity is a global sports investment firm focused on acquiring minority interests in sports franchises and other related assets and rights.
Mike Gordon.
“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.
"We look forward to building upon the longstanding relationship with Dynasty to further strengthen the club’s financial position and sustain our ambitions for continued success on and off the pitch.”
The minority investment will primarily be used to pay down bank debt incurred during the global pandemic and capital expenses made to enhance Anfield Stadium
Dynasty Executive chairman, Nelson.
“We are honoured to partner with FSG and support the remarkable legacy of Liverpool in a strategic partnership that builds upon mutual respect and deep relationships among our respective teams,”
Dynasty’s CEO, Cornwell, added, “Liverpool is one of the most iconic football clubs in the world with a passionate fanbase and significant global reach. Dynasty is privileged to support the Club and work alongside FSG to execute on the tremendous growth opportunities ahead.”
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