Plan canceled! Liverpool owners back out of Spanish club purchase
Steven Perez
Dailysports's expert
American company Fenway Sports Group (FSG), owners of Liverpool, have put their plans to acquire a La Liga football club on ice.
Details: According to Topskills Sports UK, the project to create a multi-club system similar to City Group has failed to materialize. Previously, FSG were deep into advanced negotiations to buy Getafe for €150 million and even completed full due diligence on the Madrid-based club’s finances, but ultimately decided to pull out of the deal.
In addition to Getafe, the American investors also seriously considered acquiring clubs like Malaga, Espanyol, Levante, and Real Valladolid, as well as exploring the purchase of a 30% stake in French side Monaco. The wide range of potential targets highlighted FSG’s genuine ambition to expand their footprint in European football. However, after a thorough market analysis, the strategy was revised due to a number of critical factors that make such investments risky under current conditions.
The main reasons for backing out were the strict salary cap regulations in La Liga, limited opportunities for revenue growth, and, most importantly, the lack of a clear position from UEFA. FSG is concerned that clubs under the same ownership could face a ban from competing in European tournaments simultaneously.
Reminder: The family of Bayern winger Michael Olise is set to attend a Liverpool match, and that is no coincidence.
