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Mukesh Ambani might be in race to buy Premier League club Liverpool

Mukesh Ambani might be in race to buy Premier League club Liverpool

In the words of British Daily The Mirror, Ambani has made inquiries regarding the club and is competing with rival bidders in the Middle East and the US.

It mentions that Liverpool's owner, Fenway Sports Group (FSG) is planning for a sale of the Liverpool club at around GBP four billion (USD 4.72 billion or Rs.380 billion).

Mukesh Ambani's desire to be involved in sports teams

Ambani is the eighth richest person in the world, having an estimated net worth of USD 94 billion, according to the Forbes magazine,which is one of the top candidates to purchase Liverpool.

According to reports that according to reports, the Indian billionaire as well as Sahara Group chairman Subroto Roy were interested in Liverpool when the city was put up to auction in 2010. Ambani who's costly assets comprise the sprawling Antilla Ambani, in 2008 purchased the Indian Premier League (IPL) cricket team Mumbai Indians. He also manages the Indian Super League (ISL).

Information concerning the Liverpool sale

The Athletic published on the 7th of November that FSG was considering selling the club. Two important US bankers, Goldman Sachs and Morgan Stanley were named to assist in the sale process. In the same statement that was released that same date, FSG said, "There have been several recent ownership changes and speculations about changes in ownership at EPL clubs. We frequently get asked regarding Fenway Sports Group's ownership of Liverpool.

FSG has received numerous inquiries from third parties wanting to become shareholders of Liverpool. FSG has previously stated that under the right conditions and conditions, we'd be willing to take on the possibility of acquiring new shareholders if it is the best interest of Liverpool as a club." the statement said. FSG remains 100% dedicated to the development of Liverpool in and off the field, added the group.

The value of Liverpool has grown over the last 12 years

FSG purchased Liverpool back in the year 2010 by George Gillett Jr. and Tom Hicks for GBP 300 million (around USD 478 million) The initial Premier League title under FSG's ownership and Jurgen Klopp's direction took place in 2019-20. It was the first title it won in over 30 years. The same team won Liverpool also took home this year's UEFA Champions League, 2021-22 FA Cup, 2019 FIFA Club World Cup and 2021-22 EFL Cup.

The success of the club during this time period have resulted in a massive increase in the club's net value. Forbes reports that Liverpool is currently the fourth-highest valued team in football, with a an estimated team worth at GBP 3.6 billion (USD 4.45 billion or Rs. 341 billion).