Fenway Sports Group sells minority stake in Liverpool FC to investment firm Dynasty Equity

The owners' long-term commitment "remains as strong as ever" and Dynasty's involvement has been described by sources as "passive" and will not affect the operation of the club in any way nor will it provide funds for a transfer 'war chest'.

Liverpool owner John W. Henry. Pic: Peter Byrne/PA Wire.

Fenway Sports Group has sold a minority stake in Liverpool to global sports investment firm Dynasty Equity.

FSG has been seeking investment for some time, although the sport investment conglomerate denied suggestions it had put Liverpool up for sale almost a year ago, and it is understood this latest move is designed to raise cash to pay off bank debt - more than the club feel comfortable carrying - incurred during the pandemic and capital expenses.