The Reds are going through an uncertain period. As things stand, Liverpool Football Club may have to wait before finding their new owners. According to the latest reports, Fenway Sports Group (FSG), the football club owner, has entered talks with Saudi Arabian and Qatari consortiums to take over.

Earlier this month, FSG had put Liverpool up for sale after 12 years as the club’s owners.  

Claimed to be privately owned, the two consortiums have approached one of Liverpool’s FSG directors Mike Gordon, to express their interest in the purchase, instead of the club’s principal owner, John W Henry, according to the Daily Mail report. 

Earlier, Saudi Arabia’s sports minister Prince Abdulaziz bin Turki al-Faisal told BBC Sport they would “definitely support” private sector Saudi bids. However, how they will offer that support is unclear.

Several football clubs already have owners from the Middle East. Newcastle United FC was acquired in 2021 by Saudi Arabia’s Public Investment Fund. Manchester City FC has been owned by Abu Dhabi’s City Football Group since 2008, while Qatar Sports Investments purchased Paris Saint-Germain FC in 2011. 

The cost of purchasing a football club has risen steadily. Chelsea was sold for $4.9 billion in May, and some analysts believe Liverpool might command an even greater price. 

“FSG has said before that under the right terms and conditions, we would consider new shareholders if it was in the best interests of Liverpool as a club,” the group said in a statement.