Your Liverpool digest for Thursday, January 12.
Liverpool chairman Tom Werner makes 'not for sale' statement after major Boston Red Sox deal
Liverpool owners Fenway Sports Group have no plans to sell the Boston Red Sox and have confirmed their interest in expanding their portfolio.
Since it emerged at the beginning of November that FSG were mulling over their long-term options at Liverpool, which include both a partial sale of the club to a minority partner or a full sale of their shareholding - but only at the right price, north of $4bn (3.3bn), their desire to keep hold of the Red Sox Major League Baseball team was called into question by some areas of the Boston fan base and the US media.
FSG have owned the Red Sox since 2002, delivering four World Series' during that time (2004, 2007, 2013, 2018), with the team having endured an 86-year drought on that front prior to the arrival of John Henry, Tom Werner and Co.
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FSG insiders have hinted at two long-term targets that will impact Liverpool sale
When Liverpool chairman Tom Werner spoke to the Boston Globe outside the Major League Baseball owners meeting in New York back in October he was quizzed on what kind of timeframe there could be on a Reds sale.
Earlier in the month Fenway Sports Group had been revealed to be ready to listen to offers for the Reds, with a valuation of $4bn (£3.3bn) likely to see only offers above and beyond considered.
But FSG weren't set on selling, as their statement suggested in early November, with the Liverpool owners also seeking a partial sale of the club and realising some new capital by welcoming in minority partners. US investment banking giants Morgan Stanley and Goldman Sachs had both been engaged for some time to aid the process of outside investment, with ECHO sources in the US having stated that a 'strategic partner' would be the preferred outcome, one who could bring both capital and expertise and who, potentially, could accrete their stake over time to take the mantle from FSG.
Read the full story HERE
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