Gary Neville thinks Fenway Sports Group (FSG) have chosen the right time to put Premier League club Liverpool up for sale.
FSG agreed to buy Liverpool in 2010 and has overseen the club’s most successful spell in the 21st century.
The Reds won the Champions League in 2019, a year on from losing the final to Real Madrid.
A year later they were crowned Premier League champions for the first time.
It has not all been sunshine and rainbows, however.
FSG received backlash for attempting to include the Merseyside club in a breakaway European Super League before apologising to fans after realising hardly anyone wanted that.
It was reported on Monday that Liverpool have been put up for sale and FSG have since expressed a desire to consider new shareholders.
After Roman Abramovich sold Chelsea to the Todd Boehly/Clearlake Capital consortium for £4.25billion, Neville thinks now is the right time for FSG to sell Liverpool and has said the Glazer family could follow suit at Manchester United.
“It absolutely makes sense,” Neville said on The Overlap.
“They haven’t got the money really, FSG, to compete with the other teams in the league.
“They’ve developed the stadium, they’ve got Jurgen Klopp at a point whereby, how long is he going to be around for? Is it two years, is it three years?
“If that Chelsea valuation, which at this moment in time sets the standard for valuations, they’re thinking now is the time potentially for us to get out because if we dip down the league, if people think ‘hang on a minute, Boehly’s overpaid at Chelsea’, and it becomes a bit more of a struggle in the next couple of years, they’re probably thinking now is the right time.
“And I think the Glazer family will be in a similar situation. I suspect both of them will be looking for ‘outs’ or ‘part-outs’.
“The Glazer family, I think there’s a couple of them that want to stay in, but with FSG, they I think put a £3-4bn valuation on Liverpool when they raised some money coming out of Covid. That’s where they put the valuation at.
“They could probably get that at this moment in time, they might not be able to get that in two or three years. And they certainly can’t compete financially with some of the other clubs in the league.
“So I think it’s not as big a surprise when you look at some of the evidence surrounding it.”
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