A billionaire family have admitted that they turned down the opportunity to invest in Liverpool for a League Two team.

Liverpool have become one of the most valuable clubs in the world since John Henry and co.

bought the club from Hicks and Gillett.

The previous owners had run Liverpool aground before Fenway Sports Group, led by Henry, took over in a deal that cost them around £300 million at that time.

'When we were looking': Billionaire explains why she turned down chance to invest in Liverpool recently	Liverpool turned down by billionaire investors for Ryan Reynolds and Wrexham	Liverpool 'turned down' by billionaire investors for Ryan Reynolds and Wrexham

After 15 years at the club, FSG has turned Liverpool into the fourth most valued club in the world.

According to a recent report by Forbes, the Reds are valued at $5.37 dollars, only behind Real Madrid, Manchester United and Barcelona in the list of most valued football clubs in the world.

While John Henry remains the majority shareholder, his FSG group have a pool of investors and people with an interest in the club.

One such investor is basketball great LeBron James.

The American put in $6.5 million (£4.9m) worth of investment for a 2% ownership stake in Liverpool, a year after FSG bought the club.

In 2021, LeBron converted his stake in Liverpool to a one per cent share in FSG’s global empire, following the Reds’ 2019 Champions League victory and Premier League title a year later.

And now, a recent report from The Athletic has revealed that the Reds were one of the clubs considered for investment by the Allyn family.

According to the report, the billionaire family who sold their business for £ 1.5 billion ($2bn) turned down the opportunity to invest in the Reds, before buying a minority stake in Wrexham.

The Welsh club co-owned by Hollywood actors Ryan Reynolds and Rob McElhenney are bound for the Championship, after recording their third straight promotion this season.

Kaleen Allyn, who is an executive director at the club and oversees the Allyn family’s private investment portfolio, has revealed why they chose to invest in Wrexham over Premier League giants Liverpool.

Speaking to The Athletic, Allyn revealed that her family’s desire to be a part of the ‘day-to-day running’ of the club formed part of the reason they snubbed Liverpool, as the Reds’ portfolio was too big for what they wanted.

I don’t want to invest in football even though my family love the Buffalo Bills.

“He said, ‘No, no, no.

I don’t know if I can look my family in the face and say: ‘Hey, this is going to be a great investment and be safe’.

“Even when we were looking at other clubs,” she adds, “we were, like: ’We want to be true partners with whoever we work with’.

“Yes, Liverpool is an amazing club, and when we were looking at that, we were, like: ‘This could be a great opportunity’, but this isn’t what we want.
For more news relating to Manchester United, visit our sister site MUFC Live.