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Liverpool owners FSG identify new club they want to buy as part of Michael Edwards plan

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Michael Edwards is overseeing FSG's attempts to buy a new club(Image: LIVERPOOL FC)

Fenway Sports Group are looking into the possibility of buying a controlling stake in Spanish club Malaga.

FSG have been looking for a European club to add to their portfolio as part of a multi-club model and Malaga has emerged as a viable option.

Liverpool’s owners previously considered investing in French side Bordeaux, but pulled out due to the high costs associated with the stadium and the gloomy economic outlook in French football.



The Athletic reports that they are interested in buying the stake of majority shareholder Sheikh Abdullah Al Thani.



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The Qatari businessman controls 51 per cent of the struggling side, while the remaining 49 per cent is owned by Spanish hotel and real estate group Blue Bay.

It has been reported in the Spanish media that the Andalucian club could be bought for around €100million (£83m), with Paris Saint-Germain’s owners, Qatar Sport Investment (QSI), also interested.

QSI, who owns 87.5 per cent of PSG and 21.67 per cent of Portuguese club Braga, are targeting both the stake of Blue Bay and Al Thani.

They also bought shares in the Washington Wizards in 2023 and the Audi Formula One team last year.

Malaga are considered a sleeping giant(Image: Francis Gonzalez/Getty Images)

Liverpool have been very open in their desire to add another club to their portfolio, with the re-hiring of Michael Edwards as chief executive of football last March done in part to oversee new acquisitions.

“One of the biggest factors in my decision is the commitment to acquire and oversee an additional club, growing this area of their organisation,” Edwards said when he was hired.

“I believe that to remain competitive, investment and expansion of the current football portfolio is necessary.”

FSG already owns Major League Baseball’s Boston Red Sox, Pittsburgh Penguins of the National Hockey League, NASCAR’s RFK Racing, and TGL’s Boston Common Golf.

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