FSG funding to Liverpool for 2024/25 revealed

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While there has been criticism aimed at Liverpool owners Fenway Sports Group (FSG) at times, it has been revealed they put money into the club last season. Image Credits: Imago Images FSG’s ownership of Liverpool has often been framed through the lens of caution: a club run sustainably, but one whose American owners are regularly accused of under‑investing compared to rivals.

According to the Athletic’s Chris Weatherspoon, FSG injected £19.2m into Liverpool in 2024/25, following a much larger £127.3m the previous year. Crucially, people with knowledge of the deal told The Athletic that both sums ultimately came from the same place: Dynasty Equity’s minority investment into FSG in September 2023, which was worth around £127m to Liverpool: “After seven straight years of no or negative owner funding, 2024-25 was the second season running in which FSG provided cash.

“Dynasty Equity bought a small stake in FSG in September 2023, resulting in that £127m flowing to Liverpool, and it was from Dynasty that last year’s investment came too.” Weatherspoon highlights that the interesting twist is Liverpool did not strictly “need” fresh money last season. In other words, the club generated enough cash from operations and lower investment spending to cover its outgoings, even before FSG’s £19.2m arrived.