Sports investment firm Dynasty Equity has bought a minority stake in Premier League club Liverpool, owners Fenway Sports Group (FSG) said on Thursday.
Financial details were not disclosed but British media reported the minority stake was sold for between $100 million to $200m.
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FSG said the investment would mainly be used to pay down debt from the COVID-19 pandemic, stadium expenses to enhance Anfield's capacity, expenses in building their new training centre, repurchasing their old Melwood training ground and summer transfers.