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Indian billionaire Mukesh Ambani enters race to buy Premier League giants Liverpool

The former owners reportedly hired Goldman Sachs and Morgan Stanley to assist them in selling the Merseyside club after purchasing it in October 2010.

Indian billionaire Mukesh Ambani enters race to buy Premier League giants Liverpool
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  • Karen Noronha

Last Updated: 10.49 AM, Nov 13, 2022

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Mukesh Ambani, the ninth richest man in the world, has entered the bidding war to purchase Liverpool FC of the English football league, a leading English daily reported. The English Premier League (EPL juggernauts), was placed up for sale by its present owners, Fenway Sports Group (FSG). Others in the fray include parties from the Gulf and the USA.

The former owners reportedly hired Goldman Sachs and Morgan Stanley to assist them in selling the Merseyside club after purchasing it in October 2010. The FSG is prepared to sell the club for 4 billion British pounds, according to "The Mirror." The English daily reported that the Indian billionaire had inquired about the club.

According to a statement from FSG, "There have been a number of recent changes of ownership and rumors 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 Anfield team 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.

Ambani, the chairman and managing director of Reliance Industries owns an Indian Premier League (IPL) cricket side Mumbai Indians (MI), and also runs the Indian Super League (ISL) football event. They are also the commercial partners of the All India Football Federation (AIFF).

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