Revealed: European Super League and the reasons behind Liverpool sale
Karan Tejwani
- 8 Nov 2022 07:40 GMT
- 3 min read
On Monday, it was announced that Fenway Sports Group were willing to sell Liverpool, ending their 12-year ownership of the club.
The announcement came as a surprise to many and the Boston-based owners are looking to make a hefty profit on their initial investment.
It’s believed they want about $4.58 billion – which is the club’s estimated valuation – and they want a reward for helping make Liverpool one of football’s top clubs again.
READ: Liverpool's top five moments under FSG ownership
No reason has been reported for FSG’s willingness to sell the club, but there have been some suggestions made and one of them is the collapse of the European Super League project.
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Super League collapse contributes to Liverpool sale
In April of 2021, Liverpool were one of 12 clubs involved in the initial Super League project as plans were revealed for a closed league.
However, those lasted just three days as fan protests led to nine of the 12 clubs pulling out of the deal, and FSG’s John W. Henry revealed a public statement, apologizing to the club’s fans.
It’s believed the collapse of the project and the lucrative sums that won’t be coming to Liverpool is one of the reasons for the sale and FSG don’t see much financial benefit going forward.
READ: FSG feel this is the right time to sell Liverpool
One of the other reasons for the sale is Chelsea, and how Todd Boehly and his consortium got the club is another contributor to FSG’s decision.
Chelsea were sold to the Boehly-led consortium for $3.15 billion back in May and they could’ve got the Blues for much cheaper had they waited due to the crash of the British pound.
Liverpool's honours since FSG bought the club:
◉ 2x EFL Cup
◉ 1x FA Cup
◉ 1x Super Cup
◉ 1x Club World Cup
◉ 1x Premier League
◉ 1x Champions League
◉ 1x Community Shield
A new era beckons. 🏷 pic.twitter.com/f3O8LZtxDM— Squawka (@Squawka) November 7, 2022
Seeing the trend, it’s believed that FSG may want to sell now to get the most money possible out of the deal and avoid losing out in the future.
Whatever the reason, the decision to put Liverpool up for sale is a big one and will see big changes at club level as they enter a new era.
Read more about: Premier League, Liverpool
