The newest Liverpool takeover news comes as Bournemouth owner Bill Foley outlines why he bought the Premier League team
Liverpool’s search for fresh financing continues as the 2022-23 season begins this week.
It’s been over a month since it was revealed that Fenway Sports Group (FSG) had unexpectedly put the Reds up for sale. They have owned Liverpool since 2010 and have overseen the club’s return to the peak of European football.
However, FSG has decided to sell the Anfield club. According to reports, a partial sale rather than a total sale would be favoured.
A number of parties have been linked to a possible takeover. Among them are a Saudi-Qatari consortium, a German firm, and Dubai Investment Capital. Other American potential bidders are also said to be interested.
And an investor from the United States looking to enter the football market may see potential in Liverpool. While price tags of £3-4 billion have been proposed, it may be more prudent than investing in or building an MLS franchise.
That is what Bill Foley, the new owner of Bournemouth, believes. The American businessman reportedly paid £120 million for the Cherries. In an interview with the BBC, Foley stated that buying Bournemouth made far more sense than establishing his own MLS team in Las Vegas.
“I looked at it, I examined it, and I was quite serious about it,” Foley, who also owns the NHL team Vegas Golden Knights, said.
“Unfortunately, the MLS necessitates the construction of a stadium, which costs $600-700 million in the United States. The franchise cost, I believe, is $300 million, so you’re in it for $1 billion before you even have a club.
“I believed Bournemouth was a good buy. I’m purchasing a Premier League team that already has a stadium and players and that I can upgrade. I don’t see us participating in the MLS. I’m simply not interested.”