{"id":294306,"date":"2023-09-28T13:33:59","date_gmt":"2023-09-28T13:33:59","guid":{"rendered":"https:\/\/sportstons.com\/?p=294306"},"modified":"2023-09-28T13:33:59","modified_gmt":"2023-09-28T13:33:59","slug":"liverpool-owners-fsg-sell-minority-stake-in-club-in-search-for-new-investment","status":"publish","type":"post","link":"https:\/\/sportstons.com\/soccer\/liverpool-owners-fsg-sell-minority-stake-in-club-in-search-for-new-investment\/","title":{"rendered":"Liverpool owners FSG sell \u2018minority\u2019 stake in club in search for new investment"},"content":{"rendered":"
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    Liverpool have announced that global sports investment firm Dynasty Equity has completed a 'strategic common equity minority investment' in the club.<\/p>\n

    The club have detailed that the minority investment will mainly be used to pay down bank debt incurred during the COVID-19 pandemic as well as to enhance Anfield, the AXA Training Centre and to repurchase Melwood training ground as well as fund recent transfers.<\/p>\n

    Dynasty and FSG will also explore 'further growth opportunities' in the future. Co-founded and led by Jonathan Nelson and K. Don Cornwell Dynasty Equity descirbe themselves as a private equity firm that focus on small investments in sports franchises.<\/p>\n

    READ MORE: Dominik Szoboszlai 'has a foot like a traction engine' as Liverpool wondergoal goes viral<\/b><\/p>\n

    LATEST NEWS: Keep up to date on all things Liverpool FC right here with Daily Star Sport<\/b><\/p>\n

    FSG president Mike Gordon said: "Our long-term commitment to Liverpool remains as strong as ever. <\/p>\n

    \u201cWe have always said that if there is an investment partner that is right for Liverpool then we would pursue the opportunity to help ensure the club\u2019s long-term financial resiliency and future growth.<\/p>\n

    \u201cWe look forward to building upon the long-standing relationship with Dynasty to further strengthen the club\u2019s financial position and sustain our ambitions for continued success on and off the pitch.\u201d<\/p>\n

    Liverpool fans, what do you make of the new investment? Tell us in the comments section below.<\/i><\/b><\/p>\n

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    Nelson said: "We are honoured to partner with FSG and support the remarkable legacy of Liverpool in a strategic partnership that builds upon mutual respect and deep relationships among our respective teams."<\/p>\n

    As Cornwell added: "Liverpool is one of the most iconic football clubs in the world with a passionate fanbase and significant global reach. <\/p>\n

    "Dynasty is privileged to support the club and work alongside FSG to execute on the tremendous growth opportunities ahead."<\/p>\n

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    John W Henry – who heads Fenway Sports Group – revealed in February that they are only interested in investors for the Merseyside club, rather than a full sale.<\/p>\n

    Henry told the Boston Sports Journal: "I know there has been a lot of conversation and quotes about LFC (Liverpool Football Club), but I keep to the facts: we merely formalised an ongoing process.<\/p>\n

    \u201cWill we be in England forever? No. Are we selling LFC? No."<\/p>\n