According to The Mirror, Liverpool owners, the Fenway Sports Group, have accepted that they cannot compete with Newcastle United owners, Saudi Arabia’s Public Investment Fund.
Liverpool owners FSG wary of Newcastle owners PIF
The report has claimed that John W Henry’s Fenway Sports Group (FSG) are willing to sell Liverpool for £4 billion.
One of the reasons why FSG are willing to sell the former Premier League and UEFA Champions League winners now is the spending power of PIF, who own Newcastle.
The Mirror have claimed that FSG have accepted that going forward, they cannot compete with PIF with their spending power.
Encouraging for the Magpies
In our view, FSG’s reported view of PIF is very encouraging for Newcastle United.
It shows that clubs are worried about Newcastle and what they can achieve under PIF.
Newcastle have the wealthiest owners in club football right now, and the sky is the limit for them.
Now, of course, there are Financial Fair Play rules that Newcastle have to follow, but there is no reason why they cannot become like Manchester City or Paris Saint-Germain in the next five to 10 years, especially if they achieve success on the pitch like they are doing right now.
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