Indian billionaire, Mukesh Ambani, joins list to acquire Liverpool for £4 billion

Indian billionaire, Mukesh Ambani, has joined the list of businessmen interested in acquiring English Premier League club, Liverpool, after the owners put the EPL side up for sale.

Fenway Sports Group (FSG) acquired Liverpool in 2010 for about £300 million ($355 million), and are now willing to sell the club for around £4 billion ($4.7 billion).

The decision to sell their stake in Liverpool comes a year after Fenway Sports Group sold 11 per cent to RedBird Capital Partners for around £650 million.

Ambani is the eight richest person in the world according to Forbes and Bloomberg, estimated to worth $94.3 billion and $92.2 billion respectively by both publication.

Read also:India’s Gautam Adani now worth $143bn, displaces Bill Gates, Arnault in world’s rich list

Before reportedly showing interest in acquiring Liverpool according to multiple media reports, Ambani owns investment in sports mostly in India, IPL cricket side, the Mumbai Giants, and assisted in launching of India’s football Super League.

There are reports of other interested bidders, with an unnamed Qatar investor also seeking to acquire, as the owner had revealed, “There have been a number of recent changes of ownership and rumours of changes in ownership at EPL clubs, and inevitably we are asked regularly about Fenway Sports Group’s ownership in Liverpool.

“FSG has frequently received expressions of interest from third parties seeking to become shareholders in Liverpool. FSG has said before that under the right terms and conditions, we would consider new shareholders if it was in the best interests of Liverpool as a club.”

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