FSG could Sell 100% of Liverpool Within 12 Months! | Liverpool News Update

Ste Hull (0:00)

Before we get into the podcast, I want to let you know that you can get even more from The Redmen TV with a subscription to Redmen Plus. You can get loads of extra content, plus all of our usual free content, completely ad free, both in video and podcast form. Right now, you can get your first month of a monthly captain subscription for just one pound. Or if you want to join us for the year, you can get a yearly captain subscription for half price. Simply download the Redmen Plus App and subscribe today. Right, I hope you enjoy this show. Good morning, everyone. Welcome to The Redmen TV. I'm Ste Hull. It is Friday, November 6th. This is your latest Liverpool News show. Glad to be back. It's been a while since I've done one of these, to be fair. I haven't done one all this week. I was off last week. So glad to be here with you. Thank you, everyone, for joining us on the live stream. Got your thoughts and comments, questions, et cetera, et cetera, et cetera, in. And I'll go through them all as and when you bring some of them in. So yeah, news today. Gonna be focusing more on the boardroom than on the pitch. Although we do have a little bit of injury updates later on in the show. But yeah, let's focus on the boardroom. And of course, we know, we all know, that 1892 Holdings invested in Liverpool earlier this year, investing in somewhere around 2 billion quid, so you get 38% roughly of Liverpool. Well, according to good friend of the show, Simon Hughes, great journalist, great author, great guy, his report in Athletic focuses on the future and what might be coming up for the Reds and their ownership in the near future. He says, The Athletic can now reveal that the agreements between FSG and 1892 Holdings as a structure in place that could lead to 1892 Holdings taking control of Liverpool by increasing their claim to around 69% or potentially even a complete 100% buyout. It was originally reported, of course, that they could end up with the majority of the football club within 12 months of the original purchase. They're still technically waiting to get approval from their football regulator to become official part owners of the club. But when they do, it looks like they're in the wheels and in motion and there are plans in place for this to change very, very quickly. And according to Simon's report, an FSG could have even a complete 100% exit of the football club within the next year, which is a very, very quick turnaround. It appears, and again, Simon's report goes on to say that the consortium led by Amit Bhatia could potentially gradually increase its way over the next few months before eventually getting themselves to 100%, an agreement which could allow them to just get familiar with running Liverpool, what it's like to run one of the biggest football clubs on the planet. With all due respect to Amit Bhatia and his time at QPR, there are just different levels, of course, in terms of ownership. I'm not doubting that he can do it. The Jeff Bezos, I'm sure they know exactly how to run major companies, all those guys as well. Eduardo Saverin, who was obviously involved in Facebook, they know what they're doing. But it looks like sooner rather than later, that ownership level of 1892 Holdings could increase, increase, increase. Eventually, the two FSG exit in the club. I don't know if this is linked or maybe there's two separate things, you don't know, but it has been reported earlier in the week that FSG are looking to purchase at least a stake, maybe all, actually of the Cadillac F1 Formula 1 team. That's valued at around 3 billion US dollars. Obviously, they already own stakes in the Pittsburgh Penguins and the RFK racing, obviously the Boston Red Sox and Liverpool, of course, the majority of.

So maybe they're looking to exit Liverpool, maybe looking to invest a bit more in F1. Obviously, F1 is massively growing. That's why they're interested in the first place, especially in the US. I really think that Netflix documented the F1 a favour and it's led to massive growth in that area.

So yeah, good morning to Carter and Kyle. Hope you're doing well in the live chat. Thank you very much for saying good morning to me. But yeah, there's no you're forced in, guys. It appears like FSG could, in theory, excuse me, be on their way out sooner rather than later.

50 Singing Badges, nice YouTube name, says this was always gonna happen. His position as the vice chairman is a strategic placement. I think, listen, when it was first real, that they were selling minority stakes to the 1892 Holdings, again, then Jeff Bezos, Amit Bhatti, Eduardo Sarvin, et cetera, et cetera. It was kind of like, oh, just a little bit of money involved. And then it came out, it was around 38% of the football club in a massive multi-billion dollar deal. That was when obviously, like you say, and with Amit Bhatti becoming a vice chairman, he's been seen at grounds, he's been at the away games as recently as well.