Latest news with #FSG
Yahoo
3 days ago
- Business
- Yahoo
John Henry's FSG Explore Spanish Market with Getafe Interest
FSG Step into Spain: Liverpool Owners Eye Getafe in Multi-Club Expansion Fresh Move into Europe Fenway Sports Group (FSG), the American consortium behind Liverpool Football Club, appear to be firmly pressing ahead with their ambition to create a multi-club empire. As reported by The Times, John Henry's group is now in talks to buy La Liga side Getafe. The Madrid-based club, who finished 13th in Spain's top flight last season, could become the latest building block in FSG's evolving football blueprint. Advertisement 'Reports emerged on Tuesday that the American consortium led by Liverpool's majority shareholder John Henry was in talks to buy Spanish club Getafe.' After years of resisting the trend set by Manchester City's owners, who now control 13 clubs globally under the City Football Group umbrella, FSG have now committed to a new direction, and Michael Edwards, the recently reappointed CEO of Football at FSG, is central to that transformation. Photo IMAGO From Hesitation to Full Commitment 'FSG had previously resisted following the multi-club trend pioneered by Manchester City's owners.' That resistance has now given way to a clear strategy. With interest in Bordeaux collapsing in 2024 over stadium rental issues, Getafe has emerged as the new focal point. Advertisement 'However, they have now embraced that model and are working to build a multi-club model. This has been done with the help of Michael Edwards, FSG's CEO of Football.' The ambition is evident. This is not a short-term grab. FSG are clearly seeking stability and scalability. They are not just buying football clubs, they are investing in infrastructure, identity and long-term influence. Why Getafe? The interest in Getafe is hardly random. Ángel Torres, the long-serving club president, has announced plans to step away by 2027. 'He is determined to secure the club's future by finding a buyer who is not only financially capable but also deeply knowledgeable about football – a bracket that FSG matches.' Advertisement Getafe's infrastructure aspirations may also be playing a key role. Their ongoing Coliseum stadium renovation and the new adjacent Sports City project offer the kind of asset development that FSG, with its American sports pedigree, thrives on. Spanish Strategy with Global Implications This is not just a Spanish play. It is a European step towards building a global footballing portfolio. If Getafe are acquired, expect further moves, possibly in Portugal, South America or North Africa – regions rich in talent and strategic importance. 'Paul Joyce of The Times has now confirmed the news.' 'Fenway Sports Group, the owner of Liverpool, has turned its attention to the La Liga side Getafe as it looks to develop a multi-club model. There has been interest previously in Bordeaux and Malaga, but the Madrid-based Getafe, who finished 13th in the Spanish top flight last season, have now come under consideration.' Advertisement FSG's ability to strategically manoeuvre through European football, while maintaining Liverpool's competitive focus under Arne Slot, will be a compelling watch over the next 12 months. Our View – Anfield Index Analysis There's a growing sense of anticipation among Liverpool fans as FSG's multi-club model finally begins to take shape. The potential acquisition of Getafe shows serious intent. For too long, Liverpool have seemed behind the curve in this space, especially compared to Manchester City's vast network. The excitement here stems from what this could mean for Liverpool's squad development. With a satellite club like Getafe, younger players can be loaned into a competitive league where technical football dominates, while keeping them within a framework controlled by FSG. That could be crucial in nurturing talent without the risk of stagnation. Advertisement There's also intrigue around Michael Edwards. His return signalled change, and this confirms it. If anyone can integrate a multi-club system smartly and ethically, it's Edwards. However, fans will rightly be monitoring how this affects Liverpool. The primary concern remains that Anfield must not suffer from any dilution of focus. FSG must be transparent with supporters, ensuring Liverpool's first team remains the top priority. The infrastructure at Getafe is a bonus – a shiny new stadium, a sports city, and a stable financial platform. But supporters want to know: how will this help Liverpool win titles? Will it reduce reliance on inflated transfer markets? If the answer is yes, this could be transformative. Just like Red Bull with Leipzig and Salzburg, or City Football Group with Girona and Troyes, this could be the start of something powerful – if executed with care and clarity.
Scottish Sun
3 days ago
- Business
- Scottish Sun
Liverpool owners plot takeover of LaLiga club after they part-destroy iconic stadium ahead of stunning rebuild
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) LIVERPOOL'S owners Fenway Sports Group are reportedly eyeing a takeover of a LaLiga club. The Americans have pondered buying another football team for some time as they seek to adopt a multi-club model. Sign up for Scottish Sun newsletter Sign up 2 Fenway Sports Group are considering buying Getafe Credit: Getty 2 The Spanish club are currently working on renovating their stadium Credit: Chiefs previously considered buying Malaga and Bordeaux but plans never materialised. Now The Times report the group has turned its attention to another top flight side for the first time - Getafe. However they may have to wait to complete a deal as current owner Angel Torres wants to stay at the helm until renovation works on the their stadium is complete. Stands at the Estadio Coliseum are being knocked down with the project expected to last until December 2027. READ MORE IN FOOTBALL SOUTH POLE Southgate 'offers himself to POLAND as ex-England manager targets shock new job' The current ground has a capacity of 16,500 but that is set to increase by 3,000 as Getafe plan to built a "little Bernabeu". They have plans to add a huge screen on the exterior, install a new roof to cover every fan on the terraces and put in 69 new state-of-the-art VIP boxes. Getafe, located 15 miles outside Madrid, could appeal to Fenway and would allow them to compete with City Group in Spain, who own Girona. A spokesman for FSG said: 'FSG routinely engages in conversations and evaluates opportunities across global sports, a common process to assess ventures that align with the organisation's strategic priorities.' BEST FREE BETS AND BETTING SIGN UP OFFERS Fenway had been in talks to take over Bordeaux last year, before they plummeted down the French leagues. They also considered buying Malaga after the Spanish side entered administration. Transfers_Exposed EP2_AP_LIV SECTION FSG representatives reportedly visited Malaga to inspect facilities and assess what form any investment should take as they bid to create their own multi-club empire.
The Irish Sun
3 days ago
- Business
- The Irish Sun
Liverpool owners plot takeover of LaLiga club after they part-destroy iconic stadium ahead of stunning rebuild
LIVERPOOL'S owners Fenway Sports Group are reportedly eyeing a takeover of a LaLiga club. The Americans have pondered buying another football team for some time as they seek to adopt a multi-club model. 2 Fenway Sports Group are considering buying Getafe Credit: Getty 2 The Spanish club are currently working on renovating their stadium Credit: Chiefs previously considered buying Malaga and Now However they may have to wait to complete a deal as current owner Angel Torres wants to stay at the helm until renovation works on the their stadium is complete. Stands at the Estadio Coliseum are being knocked down with the project expected to last until December 2027. READ MORE IN FOOTBALL The current ground has a They have plans to add a huge screen on the exterior, install a new roof to cover every fan on the terraces and put in 69 new state-of-the-art VIP boxes. Getafe, located 15 miles outside Madrid , could appeal to Fenway and would allow them to compete with City Group in Spain , who own Girona. A spokesman for FSG said: 'FSG routinely engages in conversations and evaluates opportunities across global sports, a common process to assess ventures that align with the organisation's strategic priorities.' Most read in Football BEST FREE BETS AND BETTING SIGN UP OFFERS Fenway had been in They also Transfers_Exposed EP2_AP_LIV SECTION FSG representatives reportedly visited Malaga to inspect facilities and assess what form any investment should take as they bid to create their own multi-club empire.
Daily Mirror
3 days ago
- Business
- Daily Mirror
Liverpool owners FSG considering massive deal with Michael Edwards involved
FSG, the owners of Liverpool, could gollow the example of some other Premier League clubs' ownership groups and invest in another club in one of Europe's big five leagues Liverpool owners FSG are considering a swoop to buy La Liga club Getafe. The Boston-based group are looking to build a multi-club profile in football with Michael Edwards a key man in the project. The Reds are now assessing the Madrid-based club after looking at Bordeaux and Malaga in the past. The club is currently improving their Estadio Coliseum ground and could be open to selling in the near future. A spokesperson for FSG said: 'FSG routinely engages in conversations and evaluates opportunities across global sports, a common process to assess ventures that align with the organisation's strategic priorities.' Liverpool could use relationships with other clubs to help with the development of players in the way Manchester City has with City Football Group, which owns numerous clubs around the world. How far the Reds will cast their net is unknown at this stage but it is clear they are looking to start with one club and the La Liga outfit, who finished 13th last season, are of serious interest. Edwards' involvement comes more than a year after he returned to Anfield. The former sporting director came back as chief executive officer of football, linking up with the club's current sporting director Richard Hughes. "It was vital for me that, if I did return, it had to be with renewed vigour and energy. In practice, this means having fresh challenges and opportunities," Edwards said in 2024 when his return was confirmed "As such, one of the biggest factors in my decision is the commitment to acquire and oversee an additional club, growing this area of their organisation. I believe that to remain competitive, investment and expansion of the current football portfolio is necessary. Getafe only won promotion to La Liga for the first time in 2004, but have been near ever-presents since. They were relegated in 2016 but bounced straight back, and haven't finished lower than 15th since climbing back to the top flight. The club welcomed Pepe Bordalas back for a second spell as manager in 2023. finishing 12th in the 2023-24 season and 13th last term. They also reached the quarter-finals of last season's Copa Del Rey, losing to Atletico Madrid. If Liverpool's owners complete a deal for Getafe, they would join a number of Premier League rivals with multi-club ownership interests. Chelsea owners BlueCo added French side Strasbourg to their portfolio in 2023, while City Football Group have several clubs across multiple continents, including Manchester City, Girona and New York City FC. FSG already own teams in other sports, and owned the Boston Red Sox before completing their Liverpool takeover. They agreed to buy the Premier League club from previous owners Tom Hicks and George Gillett back in 2010. Join our new WhatsApp community and receive your daily dose of Mirror Football content. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. If you're curious, you can read our Privacy Notice.
Telegraph
3 days ago
- Business
- Telegraph
Liverpool owners look at buying La Liga outfit Getafe as part of multi-club model
Liverpool's owner, Fenway Sports Group, is exploring the possibility of buying La Liga side Getafe as part of an ambition to become a multi-football club operation. FSG underwent a significant restructuring of its football department in 2024 with the purpose of buying a second club which would complement its running of Liverpool. That plan was critical to the return of former sporting director, Michael Edwards, who became FSG's football chief executive because he is enthused by the idea of assuming responsibilities beyond Merseyside. FSG made it clear at the time that it was looking initially for another club rather than follow the path of Manchester City's Abu Dhabi owners who have a group of teams under the the City Group umbrella. The Boston-based group's moves to buy French side Bordeaux and another Spanish club, Malaga, were abandoned, but now Getafe are the subject of interest. An FSG spokesman confirmed it is assessing its options, although at this stage it remains to be seen if a full buyout will proceed. 'FSG routinely engages in conversations and evaluates opportunities across global sports, a common process to assess ventures that align with the organization's strategic priorities,' said a spokesman. Getafe finished 13th in La Liga last season and their owner has recently suggested he intends to sell after committing to modernising the club's stadium. Although first and foremost any purchase would be focused on rebuilding any club it buys, expanding the FSG empire to include a suitable European team could have a positive knock-on impact for Liverpool, too. FSG has seen how the multi-club ownership of rivals such as City have given them a significant advantage in terms of developing young talent, or signing players who may not be ready for Premier League football but can develop at sister clubs. If and when FSG buys another club, it will enable it to facilitate loan deals to give valuable experience to under-21 players, or purchase highly-rated youngsters from overseas who could be developed in a competitive league to establish if they have the capacity to step up and eventually play in the Premier League.
