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Liverpool owners Fenway Sports Group have withdrawn from talks over a proposed £115 million deal to acquire Spanish club Getafe due to ongoing financial concerns. FSG had been in discussions with Getafe owner Angel Torres since early in the summer over a possible stage takeover projected to be worth £115 million.
But Thursday brought the news that Liverpool’s owners had pulled out any deal – in the latest setback to their plans to build a portfolio of clubs alongside the Premier League champions. Why FSG pulled out of Getafe takeover According to Spanish publication Marca, FSG’s decision was largely based on the finances involved in the deal and the restrictions imposed by LaLiga.
Furthermore, with Getafe’s squad one of the oldest in LaLiga – with an average age of 27.6 the league’s joint-third highest – it does not match with FSG’s squad-building ethos. The decision not to pursue a deal for Getafe does not signal an end to those plans, but simply that the Liverpool owners will remain prudent in the market to avoid any costly mistakes.
