Farol Asset Management LP (“Farol”) has partnered with Dynasty Equity (“Dynasty”), a New York-based sports investment firm, to acquire a minority stake of Liverpool F.C. (“Liverpool” or “LFC”) from Fenway Sports Group (“FSG”), a global sports, marketing, media, entertainment, and real estate company. Founded in 1892, Liverpool is one of the most recognized teams in the most popular football league in the world – the English Premier League (“EPL”), having won 9 League Titles, including the Premier League, eight FA Cups, nine League Cups, six European Cups, three UEFA Cups, four European Super Cups, 16 Charity Shields, two Women’s Super League titles and one Women’s Championship.
The minority investment will primarily be used to pay down debt from the COVID-19 pandemic, stadium expenses to enhance Anfield’s capacity, build the AXA Training Centre, repurchasing their old Melwood training ground and summer transfers.
Full press release here.
For more information about Liverpool F.C., visit www.liverpoolfc.com.
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