Over the past year, FSG has sought to attract funding for Liverpool.
Jurgen Klopp will not be able to use any of the money raised from the minority sale of the club to make any new signings, according to Liverpool’s owners Fenway Sports Group. The Liverpool Echo reports that a small minority share has been sold to the American investment company Dynasty Equity.
With no money set aside for the transfer market, it might be valued up to £164 million. Instead, the money will be invested mostly to pay down part of the debt incurred as a result of the Covid-19 outbreak and to improve Anfield and the team’s training facility.
FSG President Mike Gordon stated, “Our long-term commitment to Liverpool remains as strong as ever.” “We have always stated that if an investment partner exists that is suitable for Liverpool, we will pursue the chance to assist in ensuring the club’s long-term financial stability and future expansion.
“We look forward to enhancing our long-standing partnership with Dynasty to further bolster the club’s financial position and support our aspirations for ongoing success both on and off the field,” the statement reads.”