in

Liverpool owners FSG exploring takeover of forgotten former Champions League club after they fell into decline


LIVERPOOL owners Fenway Sports Group [FSG] are going head-to-head with Paris Saint-Germain for a takeover of Spanish side Malaga.

The former Champions League side have slipped down the leagues following mismanagement in the last decade.

FSG owner John Henry is looking to buy MalagaCredit: Getty

They recently went into administration and are attracting attention from potential buyers.

Now Liverpool owners Fenway Sports Group are weighing up a bid to buy a majority stake in Malaga from Qatari businessman Abdullah bin Nasser Al Thani.

FSG representatives are said to have visited Malaga last month to inspect facilities and assess what form any investment should take as they bid to create their own multi-club empire.

Malaga spent last season in the third tier for the first time since 1998.

READ MORE IN FOOTBALL

They were promoted and are now sitting 15th in LaLiga 2.

Spanish hotel and real estate group Blue Bay owns the remaining 49 per cent.

It follows an attempt made by FSG to buy French club Bordeaux following their relegation to the third tier.

That move broke down “following extensive and constructive discussions with all stakeholders”.

Most read in Football

BEST FREE BETS AND BETTING SIGN UP OFFERS

FSG are understood to be interested in developing a multi-club model akin to that of the City Group.

They bought Liverpool in 2010, adding to their portfolio which includes the Boston Red Sox and the Pittsburgh Penguins.

Fans convinced Frimpong will join Liverpool after spotting his Holland camp antics


Source: Soccer - thesun.co.uk


Tagcloud:

Fulham 0 Crystal Palace 3: Ebere Eze’s magic sends Glasner’s side off to Wembley for FA Cup semi-final

Brighton vs Nottingham Forest LIVE SCORE: FA Cup quarter-final updates as Prem high-flyers clash for last-four spot