As relayed by reliable journalist James Pearce, Liverpool owners Fenway Sports Group have confirmed the £543 million sale of 10% stake in their company to RedBird Capital Partners – prompting many Reds supporters to drop their wide array of verdicts on social media.
The multi-million pound investment deal, as explained by the Athletic, now values FSG at around $7.35 billion (£5.32 billion) – coming as a potentially big financial boost for Liverpool amid the coronavirus pandemic.
American basketball superstar LeBron James, who has long held a stake in the Merseyside giants, will also a gain a stake in the Boston Red Sox as a result of these negotiations.
In terms of what it means for the Reds and manager Jurgen Klopp, the agreement will allow FSG to navigate these unprecedented financial circumstances brought upon by the pandemic (The Athletic).
As well as reducing club debts accumulated over these last 12 months, it authorises Liverpool to continue their careful and calculated transfer strategy despite huge losses since the pandemic began.
Given these benefits, it’s little wonder some Reds fans sees this as ‘good news’, but other supporters are also disappointed it won’t be the huge transfer kitty injection they’d hoped for.
Find all of their social media verdicts down below.
Liverpool fans react to FSG development.
“Hold me James”
“Wow FSG not spending who would’ve thunk it”
“Just means Liverpool are a massive, massive club.”
“This good James it is very good.”
“That can only be good news if it happens”
In other news: Liverpool fans blast this transfer rumour, find out more here.
Click here to comment on this articleor
Give us feedback on your Football Transfer Tavern experience