Fenway Sports Group are reportedly targeting major media companies as potential investors in Liverpool, with the club's owners exploring a partial sale.
Liverpool owner John W Henry announced last month that the club would not be sold outright, four months after the first story broke that they were considering a sale.
Henry said the ambition is to find a third party who could add to their investment.
Major media companies are been examined by FSG as possible investors, The Telegraph reported.
US media giant Liberty Media has reportedly emerged as a contender to invest.