Liverpool owner John W Henry has insisted the Premier League club is not for sale but that he is seeking fresh investment in the club.
Henry's Fenway Sports Group (FSG) said in November it would "consider new shareholders" if it was in the best interests of Liverpool.
That sparked speculation that the 19-time English champions were to be put up for sale, though Henry said in an interview published Monday that that was not the case.
"I know there has been a lot of conversation and quotes about LFC [Liverpool Football Club], but I keep to the facts," Henry told the Boston Sports Journal.
"We merely formalised an ongoing process. Will we be in England forever? No. Are we selling LFC? No. Are we talking with investors about LFC? Yes.
"Will something happen there? I believe so, but it won't be a sale. Have we sold anything in the past 20-plus years?"
FSG purchased Liverpool FC for £300 million ($361 million) from previous owners George Gillett and Tom Hicks 13 years ago with the club on the brink of administration.
Under their ownership, Liverpool have restored their place at the top table of English and European football, winning the 2019 Champions League final, claiming a first league title in 30 years the following season as well as adding the league and FA Cup trophies last term.
The club are valued by Forbes at around $4.45 billion, however, FSG have been criticised by fans for a lack of investment in new players this season.
Liverpool sit eighth in the Premier League, 19 points adrift of leaders Arsenal, and are already out of both domestic cup competitions. This follows a 2021/22 campaign in which the Reds were on course for an unprecedented quadruple before being pipped to the league by Manchester City and losing the European Cup final to Real Madrid.
Talk of investing in – or purchasing – Premier League clubs is a growing trend at present, with Manchester United and Tottenham Hotspur the subject of potential takeover bids.
United owners the Glazer family set a deadline of last Friday for interested parties to submit bids and are expected to fetch a world record price for a football club should a sale of the Red Devils be completed in the coming months.
British billionaire Sir Jim Ratcliffe and Qatari banker Sheikh Jassim bin Hamad Al Thani have publicly revealed their interest in United with bids expected to reach around $6 billion.
Chelsea currently hold the record sale for a football club after a consortium led by LA Dodgers co-owner Todd Boehly and private equity group Clearlake Capital won a bidding war by paying £2.5 billion for the Blues in May.
Last week, the Financial Times and Reuters both reported that Iranian-American billionaire Jahm Najafi is preparing to launch a $3.75 billion takeover bid of North London club Tottenham.
The Lowdown
Kesari
Rating: 2.5/5 stars
Produced by: Dharma Productions, Azure Entertainment
Directed by: Anubhav Singh
Cast: Akshay Kumar, Parineeti Chopra
ANATOMY%20OF%20A%20FALL
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How to report a beggar
Abu Dhabi – Call 999 or 8002626 (Aman Service)
Dubai – Call 800243
Sharjah – Call 065632222
Ras Al Khaimah - Call 072053372
Ajman – Call 067401616
Umm Al Quwain – Call 999
Fujairah - Call 092051100 or 092224411
Who has lived at The Bishops Avenue?
- George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
- Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
- Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
- Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills.
Hunting park to luxury living
- Land was originally the Bishop of London's hunting park, hence the name
- The road was laid out in the mid 19th Century, meandering through woodland and farmland
- Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds
How much do leading UAE’s UK curriculum schools charge for Year 6?
- Nord Anglia International School (Dubai) – Dh85,032
- Kings School Al Barsha (Dubai) – Dh71,905
- Brighton College Abu Dhabi - Dh68,560
- Jumeirah English Speaking School (Dubai) – Dh59,728
- Gems Wellington International School – Dubai Branch – Dh58,488
- The British School Al Khubairat (Abu Dhabi) - Dh54,170
- Dubai English Speaking School – Dh51,269
*Annual tuition fees covering the 2024/2025 academic year
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UAE%20SQUAD
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COMPANY%20PROFILE
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UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
What drives subscription retailing?
Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.
The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.
The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.
The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.
UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.
That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.
Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.
Company%20profile
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More coverage from the Future Forum
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
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