John W Henry has reportedly put Liverpool on the market and is demanding a staggering four billion pounds (£4bn) for the club.
Henry’s investment firm, Fenway Sports Group, have managed Liverpool for the past 12 years, having bought the club from George N. Gillett, Jr. and Tom Hicks.
According to a recent report, FSG have placed Liverpool up for sale, and Goldman Sachs and Morgan Stanley have been engaged to help with the process.
As per The Mirror, Henry is aiming to sell the Reds for £4bn after acquiring the club for £300m in 2010. It remains to be seen whether any interested parties would match the asking price.
The prospect of a big profit, the failure of the European Super League project, in which Henry was a key figure, and a sense that it would become increasingly difficult to compete financially with state-backed clubs have convinced Liverpool’s owners that it is time to cash in.
According to the report, RedBird Capital Partners, who acquired an 11% interest in FSG last year, may consider making an offer.
There is also likely to be interest from the Middle East and Sir Jim Ratcliffe, who has previously been linked with an acquisition of Manchester United.
The Oldham-born millionaire, founder and CEO of chemical conglomerate Ineos, already owns French club Nice and a significant stake in the Mercedes Formula One team. He has previously indicated an interest in purchasing Manchester United, but the Glazers have informed him that the club is not for sale.
See Also: Kalvin Phillips ‘Very Hopeful’ Of England World Call-Up
However, Liverpool is currently up for sale, so even if Henry caved in and sold only a percentage of the club, he would still make an amazing return on his original investment.
COMMENTS