Liverpool owner Fenway Sports Group remains committed to the team long term, the club¡¯s Chief Executive Officer Billy Hogan said, adding that its multimillion pound spending spree over the summer should put speculation about its future ownership to bed.
¡°There is absolute commitment from ownership,¡± Hogan said in an interview. He noted that John Henry, who leads Fenway Sports, has said the group has been acquiring more teams and properties ¡°than we are selling and exiting.¡±
In 2023, Fenway Sports sold a minority stake in Liverpool to New York-based private equity firm Dynasty Equity in exchange for up to $200 million of fresh investment. Speculation around suitors over the years has ranged from Qatar to the world¡¯s richest person, Elon Musk, and Indian billionaire Mukesh Ambani.
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