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Liverpool have announced that global sports investment firm Dynasty Equity has completed a 'strategic common equity minority investment' in the club.<\/p>\n
The club have detailed that the minority investment will mainly be used to pay down bank debt incurred during the COVID-19 pandemic as well as to enhance Anfield, the AXA Training Centre and to repurchase Melwood training ground as well as fund recent transfers.<\/p>\n
Dynasty and FSG will also explore 'further growth opportunities' in the future. Co-founded and led by Jonathan Nelson and K. Don Cornwell Dynasty Equity descirbe themselves as a private equity firm that focus on small investments in sports franchises.<\/p>\n
READ MORE: Dominik Szoboszlai 'has a foot like a traction engine' as Liverpool wondergoal goes viral<\/b><\/p>\n
LATEST NEWS: Keep up to date on all things Liverpool FC right here with Daily Star Sport<\/b><\/p>\n
FSG president Mike Gordon said: "Our long-term commitment to Liverpool remains as strong as ever. <\/p>\n
\u201cWe have always said that if there is an investment partner that is right for Liverpool then we would pursue the opportunity to help ensure the club\u2019s long-term financial resiliency and future growth.<\/p>\n
\u201cWe look forward to building upon the long-standing relationship with Dynasty to further strengthen the club\u2019s financial position and sustain our ambitions for continued success on and off the pitch.\u201d<\/p>\n
Liverpool fans, what do you make of the new investment? Tell us in the comments section below.<\/i><\/b><\/p>\n
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Nelson said: "We are honoured to partner with FSG and support the remarkable legacy of Liverpool in a strategic partnership that builds upon mutual respect and deep relationships among our respective teams."<\/p>\n
As Cornwell added: "Liverpool is one of the most iconic football clubs in the world with a passionate fanbase and significant global reach. <\/p>\n
"Dynasty is privileged to support the club and work alongside FSG to execute on the tremendous growth opportunities ahead."<\/p>\n
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John W Henry – who heads Fenway Sports Group – revealed in February that they are only interested in investors for the Merseyside club, rather than a full sale.<\/p>\n
Henry told the Boston Sports Journal: "I know there has been a lot of conversation and quotes about LFC (Liverpool Football Club), but I keep to the facts: we merely formalised an ongoing process.<\/p>\n
\u201cWill we be in England forever? No. Are we selling LFC? No."<\/p>\n
\nPremier League<\/li>\n Liverpool FC<\/li>\n<\/ul>\nSource: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Bookmark For the latest from the pitch sign up for our football newsletter Thank you for subscribing! For the latest […]<\/p>\n","protected":false},"author":2,"featured_media":292815,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"yoast_head":"\n
Liverpool owners FSG sell \u2018minority\u2019 stake in club in search for new investment - All My Sports News<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n