22 Jul 2026 07:52:26
Not ITK but have dealings with LFC over multiple layers given that I work with investments with FSG, Dynasty, and funnily enough Redbird too.
A minority sale has always been on the cards and this has never been hidden given that both Redbird and Dynasty are private equity funds where asset sales for profit are part and parcel of their business. FSG in fact would prefer in fact to sell the entire stake to one buyer, likely Middle East, although this may still come later on in a few years once that area of the world clears up from this geopolitical fiasco. FSG although has a strong affinity towards Liverpool is not against selling for profit, as they only see Boston Red Sox as their untouchable crown jewel. This minority sale may also be to appease their shareholders given the mess they have been dealing with regarding their Pittburgh Penguins sale that was meant to happen end of last year.
If the sale is 30% as stated in the news to Bhatia, expect him to have a board seat and some say in the operations going forward although FSG want to retain status quo as much as possible.
The only sticking point currently (especially by Dynasty) is that the current price mooted is not enough of a step-up from when Dynasty, a close friend of FSG, invested a few years back; subsequently which we've won the league as well as invested heavily into a new squad (Ed can get more into details about player amortisation and how that goes into an investment of a company).
Will try to get more info as well as on the potential Bezos links.We have some dealings with him too but obviously not close and only met the bloke once in my life. Surprisingly interesting and more down to Earth than you could expect from someone with 300b net worth. If I were to hazard a guess likely rubbish from Sky but will check.
Until then YNWA
Kopchu
22 Jul 2026 08:53:30
Cheers kopchu.
22 Jul 2026 09:47:45
Yeah, great stuff, Kopchu. Much appreciated and just as important as transfer goss. In fact, arguably more so. Look forward to your next post. Cheers.
22 Jul 2026 09:28:34
I'm hoping there is no truth in the Bezos rumours, he is a major Trump donor, and therefore has blood on his hands. Amazon workers are treated disgracefully, like slaves really. Taking money from him would be a major embarrassment in my opinion.
I think it's LFC that are the jewel in FSG's crown, not the Red Sox, although that is for their own financial reasons, not anything sentimental.
22 Jul 2026 09:31:31
"once that area of the world clears up from this geopolitical fiasco".
Yeah, that's not happening. I mean, you could've said that in the early 70s. It's a business they're running. War makes money and their testing ground for strategies, weapons and ideologies has been the Middle East for over a hundred years.
22 Jul 2026 09:52:46
Cheers, on Sky one of the reporters there said Bezos claiming a stake is likely to happen.
22 Jul 2026 09:56:31
At least FSG have a very solid professional management structure of their assets and have proven to be a safe pair of hands. Any change in ownership will throw that up in the air; may be ok, but also may not. We will have to see.
As for Bezos, his intention with Amazon was to make it the company with the best customer service on the planet - in doing so, he's transformed the market and reaped the benefits, obviously, at an environmental cost, which seems wrong on every level, but, like most people, I still take advantage of it at times.
However, I'm with Brian Clough when it comes to the owners - they're there to pay the bills and leave the staff and players to get on with things! Not sure a high profile, heavily involved owner will really help...
22 Jul 2026 10:53:04
As soon as they namedropped Bezos, the credibility of this approach to invest got weaker imo.
John W. Henry et al. don't need a Mittal consortium to invite Bezos to invest.
22 Jul 2026 11:46:24
Cheers, Kopchu, great insight.
22 Jul 2026 13:40:56
In fairness the Bezos thing has been reported in the Guardian and they don't tend to be sensationalist gutter press, so I think this may have legs. I think any investment into the club at the level Bezos can give is worthwhile and there's no accusation of sportswashing either.
22 Jul 2026 15:04:03
Funny when I hear ppl don't want multi billionaires at the club, why, because their politics don't align with yours haha.
22 Jul 2026 15:27:09
If FSG do sell, they have undoubtedly made the club as a whole much better and will leave it miles better than when they bought it.
My only query is, how will new owners push the club forward? Expansion capacity has been reached. Training ground is pretty much brand new. How will new investors make the club more profitable for them?