Liverpool owner Fenway Sports Group exploring possible acquisition of MLS club

Liverpool owner Fenway Sports Group exploring possible acquisition of MLS club Uncategorized

The U.S.-based Liverpool ownership group says it wants to create a multi-club network that could strengthen the ownership of the Premier League’s powerhouse club.

FSG sees a major gap in the U.S. market and recognizes that a European approach to the sport can be introduced to American franchises. In particular, the areas where MLS clubs traditionally excel are athleticism and data-driven knowledge, but they lag behind Europe’s elite clubs in terms of coaching and player development.

According to the Football Insider, Fenway Sports Group (FSG), the owner of the prestigious Liverpool club, is exploring the possibility of acquiring a Major League Soccer club.

FSG has already invested in Liverpool, Boston Red Sox, Pittsburgh Penguins, and Nascar’s RFK Racing, and is now looking to expand its sports portfolio into MLS as well as acquire clubs in other regions.

Liverpool’s Premier League rival Manchester City is part of the investment portfolio of City Football Group, which also owns New York City FC, and Arsenal owner Stan Kronke’s holding company includes the Colorado Rapids.

When Michael Edwards returns to Liverpool as CEO of FSG’s football division, it has been announced that he will not only be responsible for the Reds’ club operations, but also for acquiring new clubs, a task that will create synergies across the country.

While FSG may consider options for majority acquisitions of MLS clubs, new rules introduced in 2021 also allow for minority investments of more than £16 million ($20 million).

According to the international media outlet Sportico, the new rules were adopted because MLS wanted to facilitate minority sales and give owners access to capital.

Will Liverpool be able to acquire an American soccer club and foster its strength as a group…?