FSG agree to sell minority stake in Liverpool

Liverpool principal owner John Henry (second left) with manager Jurgen Klopp

Liverpool owners Fenway Sports Group (FSG) have agreed to sell a minority stake in the club worth between £82m and £164m to global sports investment firm Dynasty Equity.

The new investment will primarily be used to pay off the club's bank debt.

"Our long-term commitment to Liverpool remains as strong as ever," said FSG president Mike Gordon.

"We 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's long-term financial resiliency and future growth."

More to follow.

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