Liverpool’s ownership, FSG, is currently in advanced discussions with Saudi Arabia regarding a potential deal, with a reported valuation of $12 billion being highlighted…

Liverpool’s owners, Fenway Sports Group (FSG), are reportedly engaged in advanced negotiations with Saudi Arabia regarding a potential deal, amid claims of a $12 billion valuation.

Liverpool’s owners, Fenway Sports Group (FSG), are reportedly engaged in advanced negotiations with Saudi Arabia’s Public Investment Fund (PIF) regarding a significant deal, following a previous $3 billion investment.

This ongoing situation has been a lengthy saga that has divided the sporting community, but a resolution may finally be on the horizon, much to the relief of many stakeholders.

FSG has an impressive portfolio that includes three renowned sports franchises.

They have owned Liverpool since 2010, following a £300 million acquisition.

Under their stewardship, the club has returned to prominence in European football, securing both Champions League and Premier League titles.

Additionally, Anfield’s capacity has been increased to 61,000, and £50 million has been invested in the cutting-edge AXA Training Centre.

The Boston Red Sox were FSG’s initial acquisition in 2002, when they were known as New England Sports Ventures.

Just two years later, they ended an 86-year championship drought by winning the World Series, and they have since claimed three more titles.

In December 2020, FSG expanded further by acquiring the NHL’s Pittsburgh Penguins in a deal valued at approximately $900 million.

John Henry and his team have continued to broaden their investment portfolio. Earlier this year, FSG led a consortium called the Strategic Sports Group (SSG) to invest in the PGA Tour.

This group, which includes prominent sports owners like Steve Cohen (New York Mets), Thomas Ricketts (Chicago Cubs), and Wyc Grousbeck (Boston Celtics), committed an initial $1.5 billion, potentially rising to $3 billion, in a commercial venture with PGA Tour Enterprises.

This investment opportunity arose from a rift in the golf world, as several top players, including major champions Phil Mickelson, Brooks Koepka, Dustin Johnson, and Bryson DeChambeau, made the controversial choice to leave the PGA Tour for LIV Golf, which is backed by Saudi Arabia’s PIF.

After negotiations for a merger between the PGA and LIV fell through by the end of 2023, SSG seized the opportunity to intervene.

Discussions between the PGA and PIF have been ongoing. Reports indicate that Henry, the principal owner of FSG and a director at PGA Tour Enterprises, has engaged in multiple conversations with PIF representatives.

Additionally, PGA Tour commissioner Jay Monahan recently played golf with Yasir Al-Rumayyan, the governor of the PIF, in October.

According to Bloomberg, a significant breakthrough has occurred, bringing SSG and the Saudis closer to an agreement.

It is reported that the PIF is in advanced negotiations to acquire a 6% stake in PGA Tour Enterprises, which could potentially value the organization at approximately $12 billion.

A representative from the PGA Tour declined to comment when contacted by Bloomberg.