It’s no coincidence that Liverpool’s decline over the last decade has corresponded with the club’s off-field problems.
The current owners, Fenway Sports Group, may have rescued the Reds from the grasp of Gillett & Hicks, a partnership that saw them plunged into the financial abyss; the gratitude for that, however, is wearing thin.
Things haven’t always gone smoothly for FSG since the takeover, with fans infuriated by their apparent neglect of the squad and the installation of the infamous ‘transfer committee’.
Referring to fans as ‘customers’ hasn’t helped owner John Henry’s cause either, but it looks as if all this might finally be coming to an end.
Undoubtedly, Liverpool need serious investment, and that could be about to happen in the very near future.
According to the Liverpool Echo, the Chinese consortium who are considering buying the club are stepping up their interest, with the club now valued at £1billion.
An initial offer of £750million has already been made, but the redevelopment of Anfield has pushed the price up further.
FSG are reluctant to sell their entire stake, but it’s possible that they will allow the Consortium a minority stake, which it’s expected would then increase.
The main concern for Liverpool fans will be how all this affects results on the pitch, but the more financial clout they have behind them, the more they’re going to start being taken seriously again.
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