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Of all the stories that have been broken in recent years, Liverpool Football clubs that are sold are arguably the hardest to report.
From the moment David Ornstein hinted that Fenway Sports Group was open to selling ownership outright, the pendulum of this particular story swung back and forth quickly. Jürgen Klopp was quick to comment later at a press conference that it was likely a minority stake, and since then there has been almost complete chaos, with new potential owners coming in and out of discussions within days , and in some cases, like Mukesh Ambani, hours.
The CBS sports reporter posted a series of updates on his Twitter feed today. Here’s the cliff notes version:
- He knows FSG would prefer an outright sale rather than a minority stake, though nothing is certain.
- Sales may happen sooner rather than later.
- Jürgen Klopp has been assured that the next two transfer windows will not be affected by the process.
- Buyers or investors from the Middle East and North Africa are unlikely.
- Offers of $3 billion or more will be seriously considered.
Harris Blitzer Sports & Entertainment (HBSE) is a real suitor and has been in the market for a global club/brand since trying to join Chelsea. That’s not good news for Palace (Harris/Blitzer owns a stake).But Palace has raised no hurdles in the meantime #CFC Sales tender.
— Ben Jacobs (@JacobsBen) November 15, 2022
Jacobs named Harris Blitzer Sports & Entertainment (HBSE) as a potential suitor. They are already a minority shareholder in Crystal Palace and had been scouting for Chelsea a few months ago. Their complete product portfolio includes:
- Philadelphia 76ersnational basketball association team
- new jersey devilsnational hockey league team
- Delaware Blue Jackets, an NBA G League team
- Utica Comets, American Hockey League team
- dignity, a e-sports team
- Prudential Center in Newark, NJ
- Sixers Innovation Lab, sports startup accelerator
- HBSE Ventures, a sports tech venture capital firm
- Elevate Sports Ventures, a marketing, hospitality and event ticketing partner
HBSE’s net worth is estimated to be around $3 billion, so they may need another partner in the consortium to establish themselves as a real player in the process.
They are rumored to be working with Sir Martin Broughton, a gentleman who is certainly no stranger to the club. As club chairman, Broughton sold the club to New England Sports Ventures (now FSG) for £300m. He was also involved in a bid for Chelsea, the club he supports, with global investment firm Centricus, which included Lewis Hamilton and Serena Williams.
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