Liverpool FC has been recently in the public eye a lot. Towards the end of 2022, Fenway Sports Group, the owners of Liverpool, released a public statement stating their intention to sell the club. That news saddened a lot of Liverpool fans. However, many fans tried to figure out if LeBron James would still be associated with the club if FSG sells it.
ADVERTISEMENT
Article continues below this ad
FSG has reportedly received an offer or two from the Middle East. However, recent reports suggest that the FSG has changed its mind and is now selling only a minority stake.
Is FSG not selling Liverpool FC anymore?
Soon after the World Cup was done, social media was flooded with speculation regarding Liverpool FC’s potential takeover. Several sources suggested that Liverpool had received an offer from the Middle East. However, senior executives at FSG immediately denied that claim. But, the Athletic now reports that FSG has changed its stance about selling the entire club.
FSG increasingly likely to sell just a minority stake in Liverpool rather than sanction a full sale, but nothing is imminent.
US banks Goldman Sachs and Morgan Stanley are continuing to sound out interest. #LFC https://t.co/3OYFRm5aLI— James Pearce (@JamesPearceLFC) January 18, 2023
The American conglomerate will now only look to sell a minority stake in the $4.45 billion team. However, no potential buyer has shown any concrete interest in Liverpool. In November, Morgan Stanley, and Goldman Sachs were reportedly interested in the English Premier League giants. However, that rumor too slowly faded away as the days passed by.
Last season, Liverpool were two games off winning an unprecedented quadruple.
How times change 😳 pic.twitter.com/IlUzaaY3YX
— ESPN UK (@ESPNUK) January 14, 2023
Liverpool FC’s results, and form on the pitch, have been dreadful. The Reds have recently been plagued by an injury crisis with almost their entire attacking front. However, FSG has shown a lot of faith in their current manager, Jurgen Klopp. The Reds suggest that this is a bad phase that will eventually come to an end.
However, the fans are tired of hearing these answers and want a major decision to be taken. LeBron James was one of the popular names who invested in Liverpool FC back in 2011. Over the years, despite recent struggles, FSG was successful in building a solid foundation and legacy with the Reds.
LeBron James’ smart investment in Liverpool
FSG bought Liverpool over a decade ago for about $370 million. The fans were excited to see a new American investment in the club. A year later, NBA star LeBron James surprised everyone and acquired a minority stake in the Reds. However, many couldn’t understand the connection between the soccer club and the NBA star.
The NBA star then later revealed that he wanted to own his NBA franchise one day in the future. He revealed that FSG was actively investing in different sports and he felt it was the right time to get on board with the American owners. The FSG already owns a team in the MLB and the NHL. LeBron wanted to be on board in case the American investors ever think of buying an NBA team in the future.
ADVERTISEMENT
Article continues below this ad
The owners of Liverpool Football Club asked Lebron to invest.
In the end Lebron got 2% of Liverpool, in exchange for owners of Liverpool "offering" Lebron to other Corporations, & earning a fee from those deals.
Lebron didn't pay a cent but his Liverpool stake now worth $30m pic.twitter.com/Ezxwbljpfn
— Kalu Aja (@FinPlanKaluAja1) August 31, 2019
The NBA star’s investment in the Reds has grown exponentially. According to ESPN, LeBron’s minority stake in Liverpool was worth about $6.5 million. However, LeBron James’ stake is now valued at $32 million. The NBA star definitely made the right choice by investing in Liverpool back in 2011.
ADVERTISEMENT
Article continues below this ad
Watch This Story: Despite Being Only 5% as Rich as Michael Jordan Lionel Messi Once Spent More Money on a Car Than Mj Ever Earned in a Single Active NBA Season
Do you want FSG to remain the owner of Liverpool FC? Or are you looking for a change? Let us know in the comments below.