Fenway Sports Group have taken a cautious approach since taking over Liverpool in 2010 and have made the club a self-sustainable business, which match-going fans will appreciate as there is no risk of their club running into financial trouble.

Man United have taken a different approach to Liverpool and their willingness to splash the cash on players has now come back to bite them.

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FSG have also made mistakes in the past but have corrected them after backlash from supporters.

The American owners continue to look into the multi-club model approach seen at Chelsea and Man City and it will be interesting to see fans’ reactions if they buy a new team.

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The multi-club model has been explored by Liverpool in the past with FSG linked to buying KV Oostende in Belgium and AS Saint-Etienne and Girondins de Bordeaux in France.

According to The Athletic, Michael Edwards is still looking into multi-club model opportunities and has only gotten involved with Liverpool for major financial decisions.

Man City and Chelsea have also taken this approach and it has had different results at each club, which is something Liverpool need to be wary of.

Chelsea have been a bit of a mess since the club was taken over in 2022 by BlueCo, the company the Todd Boehly-Clearlake Capital consortium created when buying the Blues, and one thing they implemented was the multi-club model.

Chelsea signed Mamadou Sarr from Strasbourg in January, while the London outfit have used the French club to hand experience to players such as Andrey Santos, Caleb Wiley and Djordje Petrovic.

These deals have not worked out for Chelsea and the whole approach at Stamford Bridge has been a disaster since 2022.

Liverpool is a more stable club for this model to work, which has been successful at Man City, but it remains a risk and an approach that could receive backlash from fans.
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