Private equity firm Dynasty Equity has acquired a stake in English Premier League football club Liverpool FC from the owner Fenway Sports Group (FSG) in a deal reportedly worth between £81m to £164M ($100m to $200m), according to a report by Proactive Investors.
Boston-based FSG has confirmed the sale but not precise financial details of the deal, with the funds set to be used to pay down debt which accrued during the global pandemic and developments at the club’s Anfield stadium and training ground plus recent player acquisitions.
The report cites the Guardian as reporting that FSG, which acquired the Premier League club 12 years ago for £300 million, held talks with several potential investors and chose New York-based Dynasty, with teh PE firm’s involvement said to be “small and passive”.
In November, FSG’s principal owner John W Henry said the firm would “consider new shareholders” if the “right terms and conditions” were met.
