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A recent report has shed light on how much Liverpool owners Fenway Sports Group (FSG) and the 19 other Premier League owners have spent on investment.
A significant portion of the Liverpool fanbase believes that FSG’s financial contributions have not matched the club’s ambitions.
Critics argue that, despite the club’s global stature, investment in player acquisitions has been conservative.
The 2021 European Super League proposal intensified fan discontent.
Liverpool’s inclusion in the breakaway league, perceived as prioritizing financial gain over the sport’s integrity, led to widespread backlash.
Supporters condemned FSG’s decision, viewing it as a betrayal of the club’s values.
The swift withdrawal from the Super League did little to mitigate the damage, with fans demanding accountability and transparency from the ownership.
Beyond investment and the Super League, fans have raised issues regarding ticket pricing and engagement with the supporter base.
Proposed ticket price increases have been met with protests, as fans feel the ownership is out of touch with the local community’s economic realities.
Additionally, some supporters believe that FSG’s American ownership lacks a deep understanding of Liverpool’s cultural and historical significance, leading to decisions that do not align with the club’s traditions.
And it seems fans can now get some clarity on where exactly FSG stands with their investment amongst their peers.
Where does FSG investment rank in the Premier League?
The Athletic have revealed the details on all 20 Premier League clubs and the investment from their respective owners.
And unfortunately, it does not paint a very good picture for the Boston-based group.
According to the report, Liverpool is ranked 11th for investment, below the likes of Everton, Fulham, Brighton, and Leicester City:
FSG took over the club in 2010 for £300m, and it has been reported that they have only managed to invest £136m.
It is suggested that the success Liverpool has enjoyed since 10 has ‘rarely been dependent’ on funding from FSG, with Athletic reporter Philip Buckingham noting:
“Aside from early investment, helping with the reconstruction of Anfield’s Main Stand, no owner funding has been recorded since the 2015-16 season?
Money was actually paid back to reduce the amounts owed to FSG between 2017 and 2020.”
“FSG’s total investment in Liverpool is far lower than plenty in the Premier League and made all the more impressive by two other capital projects, the expansion of the Anfield Road Stand and the construction of a new training site.”
“FSG’s financial health was endorsed by RedBird Capital Partners, who bought a 10 per cent share in Liverpool’s parent company for $735million in 2021.”
While acknowledging FSG’s role in stabilizing the club financially and overseeing a period of on-field success, including Premier League and Champions League titles, the general consensus among Liverpool fans is one of cautious scepticism.
Arne Slot has done wonders to keep the pressure off FSG, as a poor start to the season would have in all likelihood been pinned on the lack of summer business rather than solely on Arne Slot.
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