Liverpool 鈥榥ot for sale鈥 despite Chinese interest
Print Edition
THE American owners of Liverpool, one of the most famous teams in English soccer, are not planning to sell, a senior source at the club said yesterday, after reports that a Chinese-backed consortium wanted to buy a sizeable stake.
There were no active talks involving Fenway Sports Group, the Boston-based owners, and the English Premier League club had received no bid, added the source who requested anonymity.
The source restated the club’s position that its owners would listen to any expressions of interest from potential investors in Liverpool but move forward only with the right partner.
Chinese firms are increasingly interested in buying stakes in European soccer clubs as good investments.
Chinese groups announced deals this month to buy Italy’s AC Milan, English Premier League West Bromwich Albion and second-tier French side Auxerre.
Other recent recipients of Chinese backing include English clubs Aston Villa and Wolverhampton Wanderers, and Inter Milan while Manchester City and Atletico Madrid have significant minority investments from the country.
Liverpool has won the English league title 18 times but the last of those triumphs was in 1990 before the Premier League was set up.
The Financial Times reported that Liverpool’s owners had hired an investment bank to advise on the possible sale of a sizeable stake to a partnership between China Everbright, a state-owned financial conglomerate, and PCP Capital Partners, run by financier Amanda Staveley.
Earlier this week, chairman Tom Werner denied Liverpool was up for sale while chief executive Ian Ayre said the club was not engaged in investment discussions with anyone.
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