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  • Mukesh Ambani enters race to bid for football club Liverpool FC's takeover: Report

    National
    Mukesh Ambani enters race to bid for football club Liverpool FC's takeover: Report
    Few people connected to the Indian global corporation with its headquarters in Mumbai, however, were unable to corroborate the news.

    Digital Desk: Indian billionaire Mukesh Ambani has entered the competition to purchase the prestigious English football team Liverpool FC, a leading English daily reported.

    The current owners of the English Premier League powerhouses, Fenway Sports Group (FSG), who acquired the Merseyside club in October 2010, have reportedly hired Goldman Sachs and Morgan Stanley to help them sell the Club.

    The FSG is prepared to sell the club for 4 billion British pounds, according to "The Mirror."

    According to the English daily, Ambani, the chairman and managing director of Reliance Industries and the seventh richest person in the world according to Forbes, has inquired about the club.

    Few people connected to the Indian global corporation with its headquarters in Mumbai, however, were unable to corroborate the news.

    In a statement, FSG said: "There have been several recent ownership changes at EPL teams, as well as rumours of ownership changes, and naturally, we are frequently questioned about Fenway Sports Group's ownership in Liverpool.

    FSG routinely receives interest expressions from outside parties looking to invest in Liverpool. FSG has previously stated that if it was in the best interests of Liverpool as a club, we would entertain new shareholders under the proper terms and conditions.

    The Anfied squad has experienced tremendous success under FSG, with Jurgen Klopp's team taking home the Premier League, Champions League, FA Cup, Carabao Cup, and European Super Cup titles over the last three years.

    Parties from the Gulf and the USA are also involved in the conflict.

    In addition to being the commercial partner of the All India Football Federation (AIFF). Ambani's company owns the cricket team Mumbai Indians of the Indian Premier League (IPL) and also oversees the Indian Super League competition.