FSG were given kick in the teeth amid Glazers plans to sell Manchester United
Manchester United are the biggest club in the Premier League. It’s not up for argument.
While Man City cheat their way to trophies, Manchester United fans are waiting impatiently to hear if they will have new owners ahead of next season.
The Glazer family are expecting bids this week and there’s already been reported interest from Qatari investors and Sir Jim Ratcliffe.
It goes without saying that none of us care about what happens at Liverpool, but we’ll all remember how they first announced plans to welcome investment and a potential sale. Then how the Glazers followed suit just weeks later.
Reports now suggest Fenway Sports Group (FSG) are having a difficult time getting the money they want for Liverpool because they were given a ‘kick in the teeth’ by Manchester United being put up for sale.
That’s according to journalist Matt Slater, who told The Athletic Football Podcast:
“For whatever reason it hasn’t worked out. I think because of that high valuation for Chelsea, the fact that the economy, we’re one year further on and it’s not looking great, the fact that Liverpool have some challenges around re-tooling.
“I think some American sports investors who have the ability to pay that big price are thinking ‘super league appears to be off the table for a while, project restart [Project Big Picture] which was Fenway Sports Group’s thing didn’t go anywhere.’ So, I think there’s a few factors here that have created this… the timing’s wrong.
“And then the last factor of the timing being wrong, what did Man United do a few weeks later? They massively stole the thunder and the light and sucked the air out of the room. Man United going on the market a few weeks later was just a kick in the teeth.
“So that’s where this whole process is. That’s not to say people don’t like Liverpool. It’s not to say people aren’t interested, it’s not to say the bankers involved are not taking calls and I’m sure there’d be umpteen people who’d take a minority stake at the right price. But there hasn’t been someone come along and says ‘yes, here’s four billion, three-and-a-half billion, five billion, whatever you think it is you need, we’re having it.’”
Stretty News verdict
The process could speed up for FSG if they wait a little longer.
With the Glazers trying to complete the sale of Manchester United in the coming months, Liverpool (or whoever FSG have hired to advise them on the process) will have a potential chance at attracting bidders who were unsuccessful in their attempts to buy the biggest football club in England.
Liverpool are playing the waiting game and FSG will be hoping their estimated valuation still stands at the end of the year.
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