When it was revealed on Tuesday that Fenway Sports Group (FSG) had actually sold about 38% of Liverpool to 1892 Holdings, there was certainly an element of confusion.
On Friday, the understanding was that the Jeff Bezos-backed consortium had purchased about a third of Liverpool - and BBC Sport was informed that speculation placing the investment in the range of approximately 30% to 33% was "directionally accurate".
So why was a different figure reported just four days later?
FSG's policy is not to publicly disclose precise ownership stakes but, with numbers circulating before the official announcement, the Boston-based conglomerate was keen to indicate what was being reported was in the right territory, rather than simply referring to it as a "minority investment".
The chain of events, though, has led to some at Liverpool privately asking why FSG was not more transparent, seeing the confusion as unnecessary.
#fenway #holdings
On Friday, the understanding was that the Jeff Bezos-backed consortium had purchased about a third of Liverpool - and BBC Sport was informed that speculation placing the investment in the range of approximately 30% to 33% was "directionally accurate".
So why was a different figure reported just four days later?
FSG's policy is not to publicly disclose precise ownership stakes but, with numbers circulating before the official announcement, the Boston-based conglomerate was keen to indicate what was being reported was in the right territory, rather than simply referring to it as a "minority investment".
The chain of events, though, has led to some at Liverpool privately asking why FSG was not more transparent, seeing the confusion as unnecessary.
#fenway #holdings
23 days ago
