BREAKING NEWS: 🚨Mega-rich Saudi owners want to sell their Premier League club to takeover Liverpool FC.
It’s a new era for Everton Football Club as Blue Heaven Holdings and The Friedkin Group have reached an agreement to become the new majority owners of the club. According to Sky Sports, The Friedkin Group, which also owns Serie A club AS Roma, has secured a majority stake in Everton after being close to finalizing a deal several months ago.
Interestingly, Everton is not the only Merseyside club facing discussions about a change in ownership. There have been renewed talks about Saudi Arabia potentially investing in Liverpool FC, particularly in light of the merger between LIV Golf and the PGA Tour. This has sparked rumors of Saudi interest in the Reds.
Former Everton CEO Keith Wyness shared with Football Insider that for any talks of a Saudi takeover at Liverpool to happen, Newcastle United’s current owners, the Saudi Public Investment Fund (PIF), would need to sell the club. Wyness emphasized that a Saudi takeover of Liverpool is still far from becoming a reality.
As of July 1, PIF manages assets worth $925 billion (£693.1 billion), according to Reuters. The fund is part of Saudi Crown Prince Mohammed bin Salman’s vision to diversify the Kingdom’s economy beyond oil dependence.
As for Liverpool’s current owners, Fenway Sports Group (FSG), they briefly considered selling the club during the 2022/23 season. However, FSG has made it clear that they intend to remain as owners of Liverpool for the foreseeable future. The club’s sustainable management approach has kept it well-run, and there’s no immediate rush to change ownership.
There are also concerns about potential Saudi investment in Liverpool due to the human rights issues in the region, though that remains a topic for further discussion if such rumors persist.