Fenway Sports Group Denies Report That EPL Liverpool Is On Market For $538M
Liverpool FC owner Fenway Sports Group has "rubbished speculation that they are trying to sell the club," according to James Pearce of the LIVERPOOL ECHO. One report suggested Principal Owner John W. Henry was "looking to end FSG's three-year reign at Anfield" with the Reds on the market for £350M ($538M). The report "also claimed that a Saudi oil company and two American billionaires were interested." An FSG spokesperson said, "Like so many rumors in the past about a sale of Liverpool Football Club, there is absolutely no truth in this. We have had no meetings with anyone about a sale, we don't know who the source of the rumor is, and any suggestion of a sale is fabrication" (LIVERPOOL ECHO, 7/27). The PA reported The Sun newspaper claims Liverpool "is 'unofficially' on the market." The Sun also reported that FSG received a takeover proposal from Saudi Arabian oil firm Saudi Aramco recently, and "states that City banking sources claim two American billionaires could also be potential buyers" (PA, 7/27).