Fenway Sports Group (FSG) has put Liverpool up for sale.
In a dramatic shift for the American owners, who have owned the club since 2010, they are now inviting offers for the Merseyside club and a full sales presentation has been prepared for bidders.
FSG have called the shots at Anfield since October 2010 when they purchased the team from George Gillett and Tom Hicks for £300million - but it is now said they are 'inviting offers'.
Investment banking giants Goldman Sachs and Morgan Stanley have reportedly been recruited to help with the process.