Liverpool's owners, Fenway Sports Group (FSG), have abandoned their plans to acquire a second football club, despite earlier discussions about expanding their portfolio. The decision marks a surprise U-turn after FSG had publicly committed to a multi-club model when Michael Edwards was appointed as the club's football chief in 2024.
FSG had explored numerous potential targets, including French side Bordeaux, Spanish clubs Malaga and Getafe, and even a minority stake in Ligue 1's Monaco. However, according to The Athletic, those plans have now been shelved with no immediate indication of revival.
In 2024, FSG president Mike Gordon informed staff via email that the multi-club approach was necessary to remain competitive. Edwards, upon his return, also emphasised the importance of acquiring an additional club to drive competitive ambitions. Despite these statements, FSG has now decided not to pursue the strategy.
FSG has owned Liverpool since 2010, overseeing a period of significant success including two Premier League titles and a Champions League trophy. The group also owns the Boston Red Sox, NASCAR's RFK Racing, Boston Common Golf, and the Pittsburgh Penguins, though the latter is set to be sold for approximately $1.7 billion.
Liverpool, currently fifth in the Premier League, face Brighton this weekend as they aim to close the gap on the top four.
