Liverpool: Fans rejoice as club value shoots up to £1.7bn

Liverpool fans have reacted with glee as the club’s value has shot up to £1.7bn, according to reports.

The Merseyside club were taken over in 2010 by the Fenway Sports Group (FSG), led by Tom Werner and John W Henry, the owner of the American baseball team the Boston Red Sox.

This came after disastrous leadership by the previous owners John Hicks and George Gillett, which almost led the club to liquidation in 2010.

According to Forbes, Liverpool Football Club now valued at £1.7 Billion. FSG bought the club for £300 Million.

— LFC Views (@Mobyhaque1) November 14, 2019

FSG bought the club for £300m and, nine years on from that faithful day, Forbes Magazine (via Tribal Football) revealed that the club is now worth an eye-watering £1.7bn.

The club has since gone on to earn a record 97 points in the league and reach back-to-back Champions League finals, one of which they beat Tottenham 2-0 in Madrid to secure their sixth European crown.

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Supporters were delighted with the news of the uprise in the football club’s prestigious financial figure and made their feelings clear on social media.

Here you will find some of the best comments from Liverpool fans:

Big Moves

— John J (@JohnJ91669534) November 14, 2019

Wonderful…

— Abiodun Sunday Philips (@sunphilasp) November 14, 2019

Scary to think that back then we was close to being in administration with the debt previous owners put us in.

— Ceekay Schofield (@CeekayLFC) November 14, 2019