Liverpool owners FSG assure manager Jurgen Klopp planned club sale won’t affect transfers

Liverpool owners FSG assure manager Jurgen Klopp planned club sale won’t affect transfers

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Liverpool owners FSG have given assurances to Jurgen Klopp that any transfer business will not be impacted by takeover negotiations, according to reports. It was revealed last week that FSG had put Liverpool up for sale with the Americans appointing Goldman Sachs and Morgan Stanley to help with the process.

A statement at the time read, “There have been a number of recent changes of ownership and rumours of changes in ownership at EPL clubs and inevitably we are asked regularly about Fenway Sports Group’s ownership in Liverpool.”

The statement revealed that there already expressions of interest that are being looked into.

“FSG has frequently received expressions of interest from third parties seeking to become shareholders in Liverpool. FSG has said before that under the right terms and conditions we would consider new shareholders if it was in the best interests of Liverpool as a club,” it said.

“FSG remains fully committed to the success of Liverpool, both on and off the pitch.”

And now CBS Sports journalist Ben Jacobs has an update on a potential takeover with FSG preferring “a full sale over minority investment”.

Jacobs wrote on Twitter, “Bit more info on a prospective Liverpool sale. My understanding is that FSG would prefer a full sale over minority investment despite hearing offers of all kinds. And the expectation, from those familiar with the process, is that a sale may happen sooner rather than later.

“Important to note, ‘sooner’ in a sale context still takes a fair amount of time, especially with no interested party in exclusive talks or having undertaken due diligence. But sources do stress wheels are very much in motion with Mike Gordon now focused on finding options.

“Jurgen Klopp has been given guarantees, regardless of timescale, that the next two transfer windows won’t be affected by the process. It’s business as usual on the recruitment and planning side.

“Multiple sources also say the sale process is framed towards an American-led investor, with one group already some weeks into talks and other investors, who specifically considered Chelsea, still giving a bid serious consideration.

“Since David Ornstein broke news of a potential sale, Liverpool have had a number of new suitors enquire. But Dubai Holding (or an affiliate) and Mumtalakat both deny interest. A MENA-based buyer or investor is not likely.

“Harris Blitzer Sports & Entertainment (HBSE) are a genuine suitor and, since trying for Chelsea, have remained on the market for a global club/brand. This isn’t great news for Palace (Harris/Blitzer own shares). But Palace didn’t present any roadblocks during Chelsea sale tender.

“FSG expect Liverpool to sell for close to $1bn more than Chelsea, although their Forbes valuation is even higher ($4.45 billion). They have specifically used that sale as a yardstick. That would put a sale price in today’s market at $3.7 billion (£3.1 billion).

“Chelsea actually went for $3.1 billion at the time, which equated to £2.3 billion. But now it would only be $2.7 billion and that’s the number #LFC are to some extent judging their value against.

“The expectation, from those familiar with the process, is offers of $3 billion and above will be seriously entertained. But the growing volume of interest should result in a higher sale price should a chosen bidder progress.

“A full sale is by no means certain. FSG don’t just want the right price (they are making a huge profit either way), but the right group as well, so a lot will depend on not just the offer but the plan for the club going forward.”

  • A Football365 report
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