Liverpool Approached by One of World’s Richest Sports Team Owners With Takeover Bid

Liverpool Approached by One of World’s Richest Sports Team Owners With Takeover Bid

Edwin Kiplagat
updated at April 12, 2023 at 8:16 PM
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  • An Indian multi-billionaire has approached Liverpool Football Club with a takeover bid
  • Current Liverpool owners Fenway Sports Group announced last week their intention to sell the club
  • Liverpool have won the Premier League and Champions League titles under the ownership of FSG

Liverpool have been approached by the eighth richest man in the world, days after Fenway Sports Group (FSG) revealed their intentions to sell the club after more than a decade of ownership.

Indian multi-billionaire Mukesh Ambani has since expressed interest in buying the club. With Manchester City and Newcastle now owned by state-backed entities with deep pockets, the Reds could welcome Ambani.

Mukesh Ambani, Liverpool, Premier League, Champions League
Mukesh Ambani is worth $95 billion and could add Liverpool FC to his portfolio. Photos by Pankaj Nangia and Andrew Powell.
Source: Getty Images

The news that FSG were planning on selling Liverpool was met with mixed reaction from fans, who acknowledged their progress overs the last couple of seasons.

Others were sceptical of their ambition to spend big, given they are now competing with state-backed clubs like Manchester City and Newcastle United.

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Ambani approaches Liverpool

According to Forbes, Ambani is worth $95 billion compared to John W. Henry, chairman and founder of FSG, who is worth $2.7 billion.

Ambani is a huge sports fan of renown, as he already owns Indian Premier League (IPL) cricket giants Mumbai Indians and had a hand in creating Indian football's Super League, according to an exclusive by the Mirror.

65-year-old Ambani was dubbed 'The World's Richest Sports Team Owner' after the successful acquisition of Mumbai Indians. This will obviously stoke Liverpool fans who haven't endorsed FSG wholeheartedly.

Under the Americans however, they have had phenomenal success in the last couple of seasons, including their first-ever Premier League title and the 2019 Champions League trophy.

Nevertheless, they were heavily criticised by Liverpool fans for joining the breakaway European Super League with other top clubs from Europe.

FSG intent on selling Liverpool

Sports Brief earlier reported on FSG looking for a buyer, after announcing their intention to sell the club after more than a decade in ownership.

FSG have owned Liverpool since 2010 and have overseen great success after decades of trophy droughts.

However, their ownership hasn't been smooth sailing, as fans have often criticised the group for some of their decisions.

Authors
Edwin Kiplagat photo
Edwin Kiplagat
Edwin Kiplagat has five years of experience in journalism working as a Sports Editor at Africa Insight Communications and ESPN. Edwin Kiplagat is a Bachelor's Degree holder in journalism from the Multimedia University of Kenya.