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Saturday, July 27, 2013

Liverpool back on market for £350m


Liverpool
Kop dollar ... Liverpool Football Club up for sale

LIVERPOOL Football Club is up for sale again — at a price of £350million.

The club was bought less than three years ago but is “unofficially” on the market again.
City bankers say US owners Fenway Sports Group have become disenchanted since paying £300million for Liverpool in 2010. Despite spending £187million on players they haven’t got near the top of the Premier League.
A City source said: “They went into this to make money but the club hasn’t got into Europe, flopped in the league and spent well over £100million on transfers. The fact Luis Suarez could be sold is no coincidence. Selling a star player is a classic sign of wanting to get out.”
John Henry Liverpool owner
You'll never hawk alone ... John Henry, Liverpool owner
Sources say the club approached oil giant Saudi Aramco to discuss sponsorship months ago. Aramco is thought instead to have proposed a takeover that Fenway, fronted by John W Henry, is considering.
FSG investors are said to be furious at the money lost on transfers under former manager Kenny Dalglish, including Andy Carroll who was bought from Newcastle for £35million and sold to West Ham for £19million.
Suarez has doubled in value but has caused problems. He has been banned for racially abusing one opponent and biting another.
Bankers say two other US billionaires are in the running for ownership, but would not reveal names.


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