News has broken over the last 24 hours that Liverpool could be the subject of major investment from a Chinese Investment Group.
While the deal will not represent a complete sale - owner John W. Henry explained recently that he had no intention of doing just that - it would be a major financial boost for a club which, in recent years, has failed to find notable success on the field.
Sky News and the Financial Times report that a joint approach from Chinese firm Everbright Limited and PCP Capital Partners was being mulled over by the Fenway Sports Group, and that Henry would welcome a new partner to help reinvigorate the club.
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Since then, the Sunday Times have reported that the deal 'could be concluded' in the next couple of weeks and would place the value of Liverpool at £800 million. Liverpool's profits for the last were around the £60 million, while FSG bought Liverpool for around £300 million six years ago.
The Merseyside club are currently in the process of redeveloping Anfield and have splashed the cash on the likes of Sadio Mane and Georginio Wijnaldum this summer. The investment would aid the club's attempts to keep pace with the likes of Manchester United and Manchester City in both the Premier League table and the transfer market.
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Investment on any level is likely to be ploughed into the continued redevelopment of Anfield before any cash is handed to Jurgen Klopp to spend in the transfer market.
The Sunday Times add that 'most of the cash' is coming from the China Investment Corporation (CIC), the country’s main sovereign wealth fund, and that FSG have hired a US banking firm in an advisory role while 'leading City dealmaker' Amanda Staveley is helping to broker the deal having been involved in the sale of Manchester City to Sheikh Mansour in 2008.
Liverpool will be hoping for more positive headlines on the pitch this season after an ultimately disappointing campaign last time round. However, yesterday's shock 2-0 defeat against Burnley has caused concern amongst some fans, especially with just 10 days of the transfer window to go.
Which players do you think Liverpool need to sign before the transfer window shuts? Leave a comment below!
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