Jurgen Klopp welcomes ‘security’ of massive £543m investment from RedBird Capital as cash injection into owners FSG can ‘give Liverpool consistency in transfer market’
- Liverpool’s owners Fenway Sports Group have agreed a £543million investment
- RedBird Capital agreed a ‘significant investment’, worth a 10% minority holding
- Jurgen Klopp has welcomed the move and says it will help provide ‘consistency’
- Premier League champions were hit with losses of £120m during the pandemic
Jurgen Klopp has labelled the hefty cash injection in Liverpool owners Fenway Sports Group as ‘good news’ and says it will help provide consistency.
A £543million boost was agreed with RedBird Capital Partners taking up a ‘significant’ investment – which is thought to be worth a 10 per cent minority holding.
The boost is expected to allow the club to push ahead with plans to expand Anfield and help secure financial stability in the wake of sizeable losses.
Jurgen Klopp has called the investment in Liverpool owners Fenway Sports Group ‘good news’
‘As far as I know, it means that gives us consistency in what we get so far, but that’s it pretty much,’ Klopp said.
‘It’s good news. What we were all talking about in the past year, all the time clubs suffer as well. That’s how it is without supporters in the stadium.
‘This gives us a bit more security. It will go on like it did before.’
FSG agreed a £540m deal with RedBird Capital in exchange for a 10 per cent minority holding
The enterprise value of FSG, who also own Boston Red Sox and acquired full control of Liverpool in 2010, now stands at $7.35billion (£5.3bn).
And, with the deal thrashed out, Liverpool are believed to be hopeful they will be steered towards a healthier financial position.
The Premier League champions were hit with an estimated £120m loss in revenue during the coronavirus pandemic.
More to follow.