Indian billionaire Mukesh Ambani plunged himself into the race for bidding on one of the most prominent Premier League (PL) clubs, Liverpool FC’s takeover. The six-time Champions League winners were revealed to be going on sale after the news broke this Monday. This came as a shocker for most fans since their current owner Fenway Sports Group (FSG), has been religiously declining any offers coming their way since their acquisition back in 2010.
The reasons behind this surprise trade on the table, according to insiders, are the prospect of mammoth profits to be earned after witnessing the same from the sale of their compatriots Chelsea FC. Adding on to that, the collapse of the European Super League project after facing massive backlash–in which Henry was a chief mover, combined with the hardships of catching up financially with government supported clubs, such as Manchester City.
Mukesh Ambani shows strong interest for ownership race of Liverpool FC
As reported by a prominent English daily, billionaire Mukesh Ambani has now entered this relay to snatch the leading PL club for at least 4 billion British pounds, the price set by FSG, who has appointed Goldman Sachs and Morgan Stanley to assist them with the sale.
Ambani is the chairman and managing director of Reliance Industries; with a fat net worth of around 90 billion euros, he is ranked as the world’s eighth richest person by Forbes. Also labeled as the ‘world’s richest sports team owner’ after the successful purchase of the IPL team Mumbai Indians. His deal with FSG, if ever done, will bring tears of joy to the Liverpool fans, as it solves all their financial irks.
This isn’t the first time that the industrialist has shown his keen interest in buying the club. His first attempt was in 2010 along with the Sahara group chairman Subroto Roy. This acquisition will mean infinite possibilities for football in India.
After successfully bringing the wave of football with the introduction of the Indian Super League alongside its partner All India Football Federation, this might be the next big step in solidifying football as a major sport in the country, and it won’t be a stretch if we say, to bringing future prospects for holding major global football tournaments like the FIFA World Cup in India.