FSG could consider selling Liverpool for this sum, they think 'something big is set to happen'

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Use the comment button on the bottom left to have your say Fenway have instead paid to transform the club’s infrastructure and invested countless thousands of man hours in monetising Liverpool’s intellectual property at home and, ever increasingly, abroad.Aside from the approximately £130m they made from the sale of about three per cent of the club to the private capital firm Dynasty Equity in 2023, FSG are also yet to directly take any money from Liverpool.The Dynasty Equity deal – whose proceeds were ultimately used to pay down bank debt at Anfield – valued the club at just shy of £4.5bn, which is an astonishing 1,400 per cent markup on the £300m or so they spent to acquire it from George Gillett and the late Tom Hicks a decade and a half ago.So, looked at through an investors’ lens six time zones away at the owners’ headquarters in Boston, the 2010 takeover has been a wild, riotous success. Depending on the sources one asks, FSG’s decision to invite offers for the club in 2022 was either a direct response to them having to rewrite their entire business plan after the collapse of Super League, a covert way of stress-testing their valuation of the club, or a combination of both.But as we approach 2026, are Liverpool’s owners any closer to an eventual exit?Could Pittsburgh Penguins sale be roadmap for FSG’s potential Liverpool exit?

FSG have had their hands full in the second half of 2025.Results have now stabilised somewhat and Arne Slot’s position appears a lot safer than it did a month ago, but it has been a pretty cataclysmic start to 2025-26 all told.Elsewhere, FSG have also been navigating the complex sale of their NHL franchise, Pittsburgh Penguins.Fenway bought the Penguins for $900m in 2021 and, today, it has been confirmed that they have sold them for about $1.7bn, or £1.3bn. Use the comment button on the bottom left to have your say FSG were not particularly popular with fans of the Penguins, but the nearly 100 per cent markup in just a few years with relatively little external investment is seen as excellent business in the industry.It’s a classic case of capital appreciation: buy low, increase asset value, sell high.One day, will they do the same at Liverpool?

They could get 12 times the purchase price now, but there is no indication that they are interested in that, after all.Photo by Carl Recine/Getty Images“They are very, very smart operators. What are they going to do with the cash they get for Liverpool?