Liverpool Gets Takeover Interest From Billionaire Ambani, Mirror Reports

Fenway Sports is willing to sell for £4 billion, the Mirror said.

Simon Lee

14 Nov 2022, 08:07 AM IST

Liverpool's Egyptian striker Mohamed Salah in action during the English Premier League football match between Liverpool and Southampton at Anfield in Liverpool, north west England on November 12, 2022. Photographer: Lindsey Parnaby/AFP/Getty Images

(Bloomberg) -- Indian billionaire Mukesh Ambani has expressed interest in buying English football club Liverpool FC, The Mirror reported, without saying where it got the information.

The Reliance Industries Ltd. chairman faces competition from other parties from the Middle East and the US, the newspaper said, adding that current owners Fenway Sports Group Holdings LLC have been swamped with tentative offers.

Fenway Sports is willing to sell for £4 billion, the Mirror said. Ambani owns the Mumbai Indians cricket team, and also helped set up soccer’s Super League in India.

Fenway is working with Goldman Sachs Group Inc. and Morgan Stanley to gauge buyer interest in the Premier League club it took over for about £300 million in 2010. GlobalData analyst Conrad Wiacek estimated that Liverpool could fetch more than $5 billion.

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