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Man City new signing shows Liverpool and FSG transfer future

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Liverpool owners FSG and special purpose acquisition company (SPAC) RedBall have been in talks for a number of months over the latter purchasing around 20 per cent of FSG business in a potential £6bn deal that could see the company publicly listed on the stock market.

This week, City Football Group (CFG) added another club to their portfolio, signing Bolivia's largest club, Club Bolivar, as their first 'partner club', where the South American side will be able to tap into the knowledge of Man City and utilise CFG's football data and insights platform.

Should Fenway Sports Group and RedBall Acquisition Corp get the green light from Major League Baseball later this year on their proposed reverse merger then one of the things at the top of their 'to do' list will be setting about creating a football club portfolio.

Our work in Bolivia will certainly strengthen our knowledge of, and network in, South American football.” CFG already own a number of clubs across the globe, including New York City FC, Melbourne City, Girona, Yokohama F. Marinos, Mumbai City, Lommel SK, Troyes and Montevideo City Torque.

For Beane, should the deal go ahead, it would see him likely step away from baseball and take ownership of FSG's plan to expand their football portfolio in a similar way to that of Manchester City owners City Football Group and RB Leipzig owners Red Bull.

RedBall is the brainchild of billionaire American financier Gerry Cardinale, a man with a keen interest in sports analytics, and Billy Beane, a man who pioneered the use of statistical analysis and sabermetrics in baseball with the Oakland Athletics.

The ECHO understands that representatives of both sides have been in dialogue over the Christmas and New Year period and that talks continue, with some hope that a positive conclusion can be reached in due course.
For more news relating to Manchester City, visit our sister site City Latest Live.
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