Here is your Liverpool morning digest for Tuesday, November 22.
RedBird chief breaks silence on Liverpool purchase
RedBird Capital Partners founder and managing partner Gerry Cardinale has confirmed that he has no plans bid for Liverpool.
It is a fortnight since it emerged that Liverpool owners Fenway Sports Group were exploring a potential sale of the club and a number of potential bidders have been linked over the past 14 days, from sovereign wealth funds to American private equity.
Sources in the US told the ECHO shortly after the news of FSG's interest in potentially selling the Reds that one party who would not be entering the race would be that of RedBird, the US investment fund that acquired 11 per cent of FSG back in March 2021 for $750m.
READ MORE: Aurelien Tchouameni reveals why he rejected Liverpool transfer despite 'first' move
READ MORE: Jude Bellingham speaks out on 'disrespectful' Steven Gerrard claims
RedBird, who bought French side Toulouse in the summer of 2020 and took a majority shareholding of Italian giants AC Milan back in September, have been active in the sports sector over the past two years, with investments in the re-energised XFL in America, and the Indian Premier League cricket competition.
Sources said that there was no interest in pursuing an ownership stake in the Reds, with RedBird committed to a long-term vision at AC Milan and having no desire to divest any of their interest in their £1.1bn purchase.
Cardinale, who was speaking last week at the Sohn Hearts & Minds Investment Conference in Australia, spoke to Australian media over his investment strategy and was pressed on his stance on Liverpool, confirming what sources had told the ECHO.
READ THE FULL STORY HERE.
Paris Saint-Germain could follow Liverpool and FSG move
A fortnight on from Liverpool owners Fenway Sports Group opening themselves up to expressions of interest in the club, Paris Saint-Germain are following a similar path.
FSG engaged the services of US banking giants Morgan Stanley and Goldman Sachs last year to begin the search for outside investment into the Reds, with that search now expanded to allow for interest in a full takeover of the club that FSG have owned since 2010.
But the Reds, while opening the door to a potential sale, remain on the lookout for minority stakeholders and sources well placed in the US told the ECHO that it was a case of FSG "testing the waters" to find out where Liverpool sat in the marketplace, something that Liverpool chairman Tom Werner backed up when he told the Boston Globe last week that it was "business as usual" and that they were "exploring a sale" with little urgency behind that process.
Across the Channel another club is now on the lookout for fresh investment with French newspaper L'Equipe reporting that Qatar Sports Investments (QSI), the owners of big spending Paris Saint-Germain, are on the lookout for minority investors, stopping short of a full sale of the club helmed by Nasser Al-Khelaifi.
The report claimed that QSI are looking at potentially selling as much as 15 per cent of the club to an unnamed American investment fund, a move that would bring fresh capital into a club that have come under UEFA scrutiny in recent years for their wild spending that has seen them stack out their team with the likes of Neymar Jnr, Kylian Mbappe and Lionel Messi, among others.
PSG will want to bring on board fresh funds for further spend, and in selling a part of the club to a third party they would be able to achieve that aim.
READ THE FULL STORY HERE.
READ NEXT:
- RedBird chief Gerry Cardinale breaks silence on Liverpool purchase
- Jude Bellingham leaves Alan Shearer making Liverpool transfer claim after England goal
- Jurgen Klopp admits Thomas Tuchel role in early Borussia Dortmund exit as Liverpool departure stance hinted
- Thiago Alcantara sends message to LeBron James as Liverpool star enjoys break
- What Steven Gerrard told Graeme Souness about return as Rangers doubts raised
