July 5, 2024

Jurgen Klopp has welcomed Dynasty Equity’s minority stake in Liverpool FC, explaining how it could mean “we can spend more as a club”.

American investors Dynasty Equity bought a minority stake in Liverpool worth about $150 million, it was confirmed on Thursday.
After the news, it was explained that the club’s existing debts will be canceled with the funds brought in, after relocation costs and works in the venue.

This includes the new AXA Training Centre, Anfield HQ and Anfield Road Stand extension and the recently purchased Melwood site.

But while it does not offer Klopp an immediate boost to his transfer budget, the manager described it as “good news”.

Klopp told reporters on Friday that “the better position we are in, the more we can spend anyway”.

“It is already invested. Absolutely. That’s right,” he said.

“I understand that football always costs money. I understand that. I’m also a party now and then, I want to spend money too. “But now we are building a new department that will enhance the best atmosphere in the world.

“Then we built the second stand, the main stand, we built the training ground, we bought Melwood back, we did a lot of things that will keep the club healthy for a long, long time.
“And when someone comes along and helps us do that, that’s just great.

“It doesn’t mean we need a £200m budget now to spend in the team, but the better place we are, the more we can spend.

“We have a year where we don’t play in the Champions League, which is a huge financial blow for the football club, but in any case, by investing, we improved the squad in the summer, which is difficult but possible. . . “So yeah. It’s good news, it’s just good news. It was money well spent, let me put it that way.”

Fenway Sports Group remains the majority owner of Liverpool, with John W. Henry, Tom Werner and Mike Gordon as key players.

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