Liverpool owners, Fenway Sports Group, have hired American financial advisers, Allen & Co, to seek advice on the club’s possible sale following approach by a consortium led by Chinese investment firm Everbright and PCP Capital Partners. However, the club have maintained a stance that they are not for sale.
According to the Financial Times, Allen & Co, the New York-based boutique investment bank, has been roped in by FSG amid reports of Chinese interest in acquisition of a substantial stake at Liverpool, one of the most decorated English clubs. Tom Werner, Liverpool’s chairman, talked about the club not being up for sale but also confirmed that they are looking to sell a minority stake with a view to expand their commercial opportunities.