Follow usSports investment firm Dynasty Equity acquired a minority stake in Liverpool, owners Fenway Sports Group announced today.
Fenway Sports Group has sold a small stake in Liverpool to American sports investment firm Dynasty Equity.
But what will the cash be used for? Why was FSG looking for investment?@greggevans40 & @JamesPearceLFC answer the key questions…. https://t.co/xk95ubyBfj
— The Athletic | Football (@TheAthleticFC) September 28, 2023
It is not official for how much it was sold, but the suggestions are for between 100 million dollars to 200 million dollars.
FSG claimed the investment would mainly be used to pay down debt from COVID-19, for making Anfield for more people, for building their new practice centre, buying their old Melwood training ground, and the money that are left will be invested during the summer transfer window.
“Our long-term commitment to the Reds remains as strong as ever,” Fenway Sports Group president claimed.
The Premier League club spent over 200 million dollars on new players this year, buying Cody Gakpo during the summer transfer window before bringing Alexis Mac Allister, Dominik Szoboszlai, and Wataru Endo during the summer.
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