Liverpool’s owners Fenway Sports Group (FSG) are reportedly exploring the possibility of purchasing Spanish second division club Malaga. A delegation has already visited Malaga to assess whether they would be suitable as part of a multi-club venture.
FSG are looking into whether a takeover, via the purchase of Qatari businessman Sheikh Abdullah Al Thani’s 51 per cent stake, would be fruitful. They are currently doing their due diligence and contemplating how large of a cash injection would be required.
The Athletic claim that FSG are only focused on Al Thani’s shares and would want to be majority owners, able to make sole decisions for the club, which is currently in administration and under judicial control.
Malaga were European heavyweights just over a decade ago and reached the Champions League quarter-finals in 2013, but have since been relegated from La Liga and are yet to return.
FSG are said to speak routinely with competitors regarding the possibility of investment alongside their involvement with Liverpool. They have conducted site visits to Levante, Elche, Espanyol, Getafe and Real Valladolid over the past year.
FSG pulled out of a deal to sign fallen French giants Bordeaux last year, in a similar situation to Malaga after relegation from their top flight despite years as a mainstay in their country’s elite league.
Though FSG face significant competition from Paris Saint-Germain owners Qatari Sports Investment, who are also looking to add to their growing portfolio of clubs with Malaga.
Content Source: www.express.co.uk