Your evening Liverpool headlines for Monday, November 14.
Liverpool takeover state of play as four parties 'ruled out' of buying club from FSG
It's a week since it was revealed that Liverpool owners Fenway Sports Group had made themselves open to offers for a full sale of the Reds.
The developments, first reported by the Athletic, arrived on the back of FSG having been searching for outside investment into the club for more than a year, a project that they had engaged the services of major American banks Goldman Sachs and Morgan Stanley to facilitate.
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For FSG the search for outside investment and retaining their majority shareholding is still a major consideration and something that they continue to look towards achieving, although in creating a sales deck and opening themselves up to expressions of interest from potential buyers they are indicating a willingness to part company with the most valuable asset in their £10bn portfolio if the price is right.
US magazine Forbes values the club at around £3.5bn, although just how much FSG would be willing to accept to sell the Reds varies from between £2.7bn and £4bn according to various reports. The reality is that they are worth as much as somebody is willing to pay for them, with the sale of Chelsea for £2.5bn earlier this year, with a commitment for another £1.75bn for infrastructure development, giving some idea of the strength of the market and where Liverpool may sit.
Liverpool have greater revenues and a far bigger global fan base, and they are also a club that doesn't need to invest heavily in infrastructure due to the investment in a new training ground and improvements to Anfield.
There is no sound rule for the valuation of sports teams, although what has been the accepted norm is purchasing them on a multiple of revenue. Chelsea, at £2.5bn, were valued at around six times their revenue when the Todd Boehly/Clearlake Capital consortium acquired them. Liverpool, set to post revenues of £600m for 2021/22, would be valued at £3.6bn based on that mode
Read the full story, HERE.
Cristiano Ronaldo sends unintended warning to Liverpool with his Manchester United rant
No doubt Liverpool manager Jurgen Klopp would have watched with a mixture of bemusement and surprise as Cristiano Ronaldo blew the lid off his second spell at Manchester United on Sunday evening.
In a trademark self-serving diatribe, Ronaldo said he felt "betrayed" by United and that boss Erik ten Hag and a number of other prominent figures wanted him out of the club, despite the player himself having attempted to engineer a move away in the summer.
The Portugal international also stuck the boot into former United manager Ralf Rangnick - claiming he'd never heard of the German coach - and had a dig at old team-mate Wayne Rooney.
While supposedly wrapped up in a passionate desire for the Old Trafford outfit to return to former glories, this was Ronaldo doing what he does best - making it all about him.
What, then, does any of this have to do with Liverpool?
Put simply, Klopp will know the outburst from Ronaldo indicates the player has lost the battle with Ten Hag for power in the United dressing room. And that should act as a warning the Reds' bitter North West rivals are, after several years of aimless flailing, finally rousing themselves into a more cohesive unit.
Read the full story, HERE.
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