A significant transition has the potential to occur in the top flight of Premier League football in the near future. Two English football giants, Liverpool and Manchester United, announced their openness to bring in new investors, in the form of minority shares or majority acquisitions.
Liverpool and Manchester United are owned by American businessmen. The decision of the two states that openness to investment in a relatively short span of time is not surprising. Regarding Man United, we have discussed it in the following article.
Why the Glazers Are Ready to Relinquish Ownership in Manchester United
Why FSG Can Relinquish Ownership in Liverpool
Investment from the Kingdom of Saudi Arabia has been one of the aspects that have been reported in recent times. Directly, the Kingdom of Saudi Arabia cannot do it considering that PIF (Royal Investment Institution of Saudi Arabia) already owns Newcastle United. But the kingdom’s government expressed the potential to support companies from the Kingdom of Saudi Arabia to make investments.
Interview: Saudi sports minister Prince Abdulaziz bin Turki Al-Faisal on wanting investors from the kingdom to buy Manchester United/Liverpool – and a Saudi club to sign Cristiano Ronaldo
— Rob Harris (@RobHarris) November 24, 2022
“I hope that the investment can take place, and if the number of investors and various other factors allows it, and if the business potential is satisfactory. Then the private sector can enter, or several companies, from this Kingdom. Premier League is the best competition in the world.
“Everyone watches the Premier League. It is the competition with the highest number of spectators and there are many supporters of the teams competing there in this Kingdom. So the investment potential can provide benefits for various parties,” Saudi Arabia’s Sports Minister, Prince Abdulaziz bin Turki Al-Faisal, told Sky News.
The investment potential for Liverpool and Manchester United will likely take a long time. The Chelsea acquisition process cannot be used as an illustration to determine the time needed in the acquisition process for sports business entities that are not in a critical condition.