Liverpool’s owner is planning to buy a stake in Paris Saint-Germain (Twitter Image)
Arctos Sports Partners, a partner in Liverpool owner Fenway Sports Group (FSG), is looking to buy a minority stake in Paris Saint-Germain
A partner in Liverpool’s owner Fenway Sports Group (FSG) is believed to have expressed a desire to buy a stake in another major European outfit. An article published by Liverpool Echo claims that Arctos Sports Partners is one of the entities that are planning to acquire a piece of Paris Saint-Germain (PSG).
US investors bought a stake in FSG in 2020. PSG’s owners are looking to sell the stake from 2022. The report published by the above-mentioned outlet suggests that the owners of PSG – Qatar Sports Investments (QSI) – are planning to raise funds by selling a part of the stake. It is learned that QSI is interested in selling between 10 and 15 per cent of the club at a valuation of €4bn (£3.2bn). The funds will reportedly be spent on multiple investment opportunities in sports.
Arctos also has equities in several NBA teams, with indirect stakes in Liverpool, the Boston Red Sox and the Pittsburgh Penguins. He has reportedly invested in two NBA franchises – the Golden State Warriors and the Sacramento Kings. In addition to his NBA venture, Arctos has equity in Italian football club Atalanta.
Read this also Barcelona Will Invite Gerard Pique To La Liga Celebration Party, Says Report
But in recent days, speculation has run rampant about FSG’s desire to seek outside investment for Liverpool. Amid talks of FSG’s interest in selling the club, Liverpool owner John W Henry recently clarified his stance on the highly controversial matter.
Henry reportedly ruled out any possibility of a full sale of the Merseyside-based side. “I know there has been a lot of talk and quotes about LFC (Liverpool Football Club), but I stick to the facts: we have only formalized an ongoing process. Will we be in England forever? No . Are we selling LFC? No. Are we talking to investors about LFC? Yes. Will there be anything? I believe so, but this sale will not happen. Have we sold anything in the last 20+ years Henry reportedly told BostonSportsJournal.com. FSG bought the Reds in 2010 for £300 million.
Read this also ‘Karma will hit back’: Darwin Nunez’s former agent opens up on split from Liverpool striker
Coming back to the on-field developments, Liverpool are currently at the fifth position in the Premier League standings. Jurgen Klopp’s men are currently enjoying a sensational six-match winning run. With 18 wins from 35 matches, Liverpool have 62 points under their belt. In their next assignment, Liverpool take on Leicester City on 16th May.