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Friday, February 3, 2023

Mukesh Ambani Enters the Race to Acquire Premier League Giant Liverpool FC

The club was previously owned by George N. Gillett Jr. and Tom Hicks

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Russell Chattaraj
Russell Chattaraj
Mechanical engineering graduate, writes about science, technology and sports, teaching physics and mathematics, also played cricket professionally and passionate about bodybuilding.

UNITED KINGDOM: Everyone was shocked by Fenway Sports Group’s (FSG) decision to sell the Premier League franchise, Liverpool. 

The American owners, who acquired the club in 2010, used Goldman Sachs and Morgan Stanley’s assistance to sell the establishment. 

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The club was previously owned by George N. Gillett Jr. and Tom Hicks, whom FSG reportedly paid £300 million to acquire. 

FSG is prepared to sell Liverpool FC for £4 billion, according to the sources.

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According to the reports, Reliance Industries’ chairman and managing director had already inquired about the club. 

To acquire the club, the multi-billionaire will have to overcome opposition from groups in the USA and the Middle East. 

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According to an earlier report from Arabian Business, the Dubai International Capital Group would be willing to pay an astounding £4.3 billion to acquire the Reds, which is ten times more than their 2007 offer.

The Mumbai Indians, a powerhouse in the Indian Premier League (IPL), are already owned by Mukesh Ambani, who also created the Indian Super League. 

After acquiring the Mumbai Indians organisation, he earned the moniker “The World’s Richest Sports Team Owner.”

“We are naturally asked frequently about Fenway Sports Group’s ownership of Liverpool because there have been a number of recent ownership changes and rumours of ownership changes at EPL clubs,” read the statement from Liverpool’s owners, Fenway Sports Group.

FSG had considered selling the English Premier League team in the past but decided against doing so.

Over the previous few years, Jurgen Klopp’s team has won the Premier League, the Champions League, the FA Cup, the Carabao Cup, and the European Super Cup for the Anfield club.

Also Read: Isha Ambani Is the New Leader Of Reliance’s Retail Business

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  • Russell Chattaraj

    Mechanical engineering graduate, writes about science, technology and sports, teaching physics and mathematics, also played cricket professionally and passionate about bodybuilding.

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