LIVERPOOL IN MEGA-MONEY TAKEOVER DEAL
English Premier League team, Liverpool FC are reported to be involved in a mega-money takeover bid. The takeover is from the Middle East. According to Starsport, talks are at an advanced stage with prospective owners. The deal is one that would avail current head coach of The Reds huge transfer funds to acquire the best talents and take Liverpool higher.
The deal is reported to be a possibility this summer. English team, Liverpool, currently owned by Fenway Sports Group, is valued around £650m. The American sports investment company bought The Reds for £300m in October 2010. The team has since increased in value. It was ranked the eight most valuable football club by Forbes. The ranking considered top clubs worldwide in the survey but ranked The Reds that much due to the brand built overtime.
The team is currently 9th in the EPL with 2 games in hand. However, the team has had decent performance over the recent time in the league. Liverpool narrowly lost the capital one cup to Manchester city this season. The keenly contested match ended in a penalty shoot-out where their rivals proved better. Liverpool lost a major chance to acquire a silverware, the first under dramatic coach, Jurgen Klopp.
The surge in value of the team is due to the increased commercial activities in the club and the new English Premier League TV deal reportedly worth over £5 billion. If the investors from the Middle East, Liverpool we could go the way of Manchester City who had increased funds to spend in the transfer market. These huge spending reflected in the number of trophies the club won. Real Madrid and Manchester city are top examples of how increased funds could get clubs trophies.
Bayern Munich striker, Robert Lewandowski who played under Klopp in Dortmund has been linked to Liverpool after his amazing season for Bayern Munich. Bayern wouldn’t let him off cheaply but the funds from the takeover deal could be enticing if the deal goes through.