Owners of Liverpool, Fenway Sports Group, announced on Thursday that they have sold a small portion of the Premier League powerhouses to American private equity firm Dynasty Equity.
The club stated that the money would be invested in infrastructure initiatives, transfer market expenses, and debt repayment from the Covid epidemic.
The Reds are not for sale, as FSG founder John Henry claimed earlier this year, but the firm acknowledged it was open to “new shareholders if it was in the best interests of Liverpool as a club.”
Liverpool has returned to the top of the English and European game since FSG took over in 2010, winning the 2019 Champions League and the club’s first Premier League title in 30 years the following season.
However, after placing fifth in the Premier League the previous season, they were denied a spot in the Champions League for the first time in seven years.
Liverpool has had a solid start to the current campaign and has won five of their first six games. They are currently second in the table.
“Our long-term commitment to Liverpool remains as strong as ever,” FSG President Mike Gordon said.
“We have always said that if there is an investment partner that is right for Liverpool, then we would pursue the opportunity to help ensure the club’s long-term financial resiliency and future growth.”
According to The Athletic, Dynasty Equity’s investment is worth between $100 million (£82 million) and $200 million.
That would be a minority interest of between 1.9 and 3.8 percent based on Forbes’ estimate of the club at $5.3 billion.
