Liverpool secure minority investment from Dynasty Equity as FSG make statement

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.

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, and the closing of the deal with Dynasty Equity draws a line under the matter, with the ECHO understanding that there is no further search for a minority partner now being conducted and the club is not, and has never been, for sale.

Co-founded and led by Jonathan M. Nelson and K. Don Cornwell, Dynasty Equity is a global sports investment firm focused on acquiring minority interests in sports franchises and other related assets and rights.“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.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Liverpool and FSG investment stance explained after Chelsea get £410m boostChelsea have secured $500m worth of investment from US firm Ares Management
Источник: EchoWhatsOn - 🏆 74. / 59 Прочитайте больше »

Liverpool owner FSG sells minority stake to U.S. investment firmLiverpool owner Fenway Sports Group (FSG) has sold a small stake in the club to American sports investment firm Dynasty Equity. The deal is worth between $100million (£82m) and $200m (£164m). Based on Forbes’ $5.3billion (£4.3bn) valuation of Liverpool, that represents a minority investment of between 1.9 per cent and 3.8 per cent. The influx of cash will be used by FSG to heavily reduce bank debt and cover the cost of projects such as the Anfield Road Stand redevelopment and the repurchasing of the Melwood training ground for the club’s women’s team. It will not result in a...
Источник: The Athletic UK - 🏆 123. / 51 Прочитайте больше »