Liverpool owner Fenway Sports Group (FSG) has sold a small stake in the club to American sports investment firm Dynasty Equity.
The deal is worth between $100million (£82m) and $200m (£164m). Based on Forbes’ $5.3billion (£4.3bn) valuation of Liverpool, that represents a minority investment of between 1.9 per cent and 3.8 per cent.
The influx of cash will be used by FSG to heavily reduce bank debt and cover the cost of projects such as the Anfield Road Stand redevelopment and the repurchasing of the Melwood training ground for the club’s women’s team.
It will not result in a significantly enhanced transfer kitty for manager Jurgen Klopp.
Senior FSG figures insist this is about managing the financial health of the club and it brings to an end their long search for fresh investment. They are adamant this is not a stepping stone towards selling the club.
The Athletic revealed last November that the Boston-based group, who bought Liverpool for around £300m in 2010, were open to offers with a full sales presentation produced for interested parties.
However, by January it became clear that selling a minority stake rather than a full takeover was their favoured option and they held talks with a range of interested parties before deciding to link up with Dynasty Equity. Morgan…