Liverpool’s takeover talks with French club Toulouse have broken down, sources told international media outlet Football Insider.
The paper reported last month that Fenway Sports Group and new head of football Michael Edwards were exploring a takeover of Ligue 1 side Toulouse.
However, negotiations have now stalled and the Anfield club is believed to be plotting a deal with another French club. Liverpool’s former sporting director is not only focused on club management and reinforcements, but also on strengthening the club network.
FSG has been in talks over a possible takeover of Toulouse in order to create a network of multiple clubs, but the idea has broken down.
Toulouse and Reds in France have close ties, with Toulouse’s 85% owner Redbird Capital holding an 11% stake in FSG.
The two clubs met directly in the Europa League group stage this season, with Liverpool winning 5-1 at Anfield before losing 3-2 at Toulouse.
FSG may turn its attention to Major League Soccer, with a US-based investment group reportedly exploring the possibility of buying an MLS club.
Could Liverpool, like City Group, expand its network around the world?