The Reds chairman Tom Werner said his company is in no hurry to find a new buyer for Liverpool.
What did Tom Werner say?
Fenway Sports Group(FSG) opened the door to a potential sale earlier this month, but US businessman Tom Werner quashed any notion of a deal closing anytime soon on Friday. The company’s second-largest shareholder insisted that despite a lot of interest from outside buyers, they were in no rush to sell the Reds either as a football team or outright.
The Liverpool chairman said they are looking into the sale, but there is no urgency, no time frame. According to Tom Werner, as far as he understands, this is a common thing. The American says that one of the results could be their constant guidance for some time.
The chairman’s statement comes just a day after Fenway Sports Group partner Sam Kennedy revealed that there has been a lot of interest from numerous potential partners considering investing in the club. However, Kennedy acknowledged that these are early days in terms of exploring opportunities for possible investment to Liverpool.
A little about the topic
Fenway Sports Group appears to be putting the brakes on a deal that will see the company relinquish control of the Reds for the first time since they bought the club back in 2010 for $493m (£427m). Sam acknowledged that the outcome, if it can be found, could include a mixture of stakeholders that would see the interested party buy into Liverpool as a minority shareholder before buying enough shares over time to gain majority control.
The American magazine Forbes estimates that the Reds’ current value is around $4.45bn (£3.85bn), making it the 22nd most valuable sports franchise in the world.
With Fenway Sports Group in no rush, it looks like the Reds may be waiting a while before any sale is finalized, if at all.