• Wednesday, December 07, 2022

HEADLINE STORY

Mukesh Ambani enters race to bid for English football club Liverpool: Report

Ambani’s company owns Indian Premier League (IPL) cricket side Mumbai Indians and also runs the Indian Super League football event besides being the commercial partners of the All India Football Federation (AIFF).

 

Indian businessman Mukesh Ambani and his wife Nita pose for a picture during the wedding reception of actress Sonam Kapoor and businessman Anand Ahuja in Mumbai late on May 8, 2018. (Photo by Sujit Jaiswal / AFP) (Photo credit should read SUJIT JAISWAL/AFP via Getty Images)

By: Dheeraj Sharma

Indian billionaire Mukesh Ambani has entered the race to bid for world-renowned English football club Liverpool FC’s takeover, reported a leading English daily.

The English Premier League giants have been put up for sale by their current owners Fenway Sports Group (FSG), who bought the Merseyside club in October 2010 and have reportedly appointed Goldman Sachs and Morgan Stanley to assist them in selling the team.

According to ‘The Mirror’, the FSG are willing to sell the club for £4 billion.

Ambani, chairman and managing director of Reliance Industries and rated by Forbes as the eighth richest person in the world, has enquired about the club, the English daily reported.

Few associated with the Mumbai-headquartered Indian multinational conglomerate, however, could not confirm the development.

A statement from FSG read: “There have been a number of recent changes of ownership and rumours of changes in ownership at EPL clubs and inevitably, we are asked regularly about Fenway Sports Group’s ownership in Liverpool.

“FSG has frequently received expressions of interest from third parties seeking to become shareholders in Liverpool. FSG has said before that under the right terms and conditions, we would consider new shareholders if it was in the best interests of Liverpool as a club.”

The Anfied outfit has enjoyed immense success under FSG with Jurgen Klopp’s side winning a Premier League title, a Champions League, FA Cup, Carabao Cup and European Super Cup over the past few years.

Others in the fray include parties from the Gulf and the USA.

Ambani’s company owns Indian Premier League (IPL) cricket side Mumbai Indians and also runs the Indian Super League football event besides being the commercial partners of the All India Football Federation (AIFF).

(PTI)

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