Harris Blitzer Sports & Entertainment named as a potential buyer of Liverpool FC

Of all the stories that have emerged in recent years, Liverpool Football Club up for sale has probably been the hardest to wrap up.

From the moment David Ornstein suggested Fenway Sports Group was open to a full ownership sale, the pendulum of this particular story has swung back and forth rapidly. Jurgen Klopp was then quick to make comments in a press that it was most likely a minority stake and it’s been quite chaotic ever since, with new potential owners entering the discussion within days and these leaving some cases, like Mukesh Ambani, hours.

CBS Sports Journalist posted a series of updates on his Twitter today. Here’s the cliff notes version:

  • He understands that FSG would prefer an outright sale to a minority stake sale, although nothing is certain.
  • The sale will likely happen sooner rather than later.
  • Jurgen Klopp has been assured that the next two transfer windows will not be affected.
  • A buyer or investor from the Middle East and North Africa is unlikely.
  • Bids of $3 billion or more will be seriously considered.

Jacobs named Harris Blitzer Sports & Entertainment (HBSE) as a potential suitor. Already minority owners of Crystal Palace, they were on the hunt for Chelsea a few months ago. Their full portfolio includes:

  • Philadelphia 76ers, a National Basketball Association team

  • New Jersey Devils, a National Hockey League team

  • Delaware Blue Coats, an NBA G League team
  • Utica Comets, an American Hockey League team
  • Dignitas, an eSports team
  • Prudential Center in Newark, NJ
  • Sixers Innovation Lab, an accelerator for sports startups
  • HBSE Ventures, a sports technology venture capital firm
  • Elevate Sports Ventures, a marketing, hospitality and event ticketing partnership

HBSE’s net worth is estimated to be around $3 billion, so they would likely need another partner in a consortium to make themselves real players in the process.

They are rumored to be working with Sir Martin Broughton, a man who is of course no stranger to the club. As club chairman, Broughton sold the club to New England Sports Ventures (now FSG) for £300m. He was also involved in a bid for Chelsea (the club he supports) with global investment firm Centricus, with Lewis Hamilton and Serena Williams among the partners.



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