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FSG pull out of Getafe takeover

Liverpool owner Fenway Sports Group (FSG) has ended its interest in buying La Liga club Getafe. The cost of the takeover — coupled with Spain’s strict limitations on spending linked to the club’s limited revenue — are understood to have ultimately made it prohibitive.

Getafe president AngeloTorres, who had previously put off potential bidders with a valuation of around £160million ($211m), had lowered his price tag to closer to £100m ($132m), while publicly downplaying talk of selling the club he has owned since 2002.

However, FSG were the latest in a long line of suitors to show serious interest in a club which has built a reputation for being well run and developing young talent.

FSG have been committed to building a multi-club group around Liverpool since Michael Edwards was appointed as their CEO of football in March 2024.

Over the past 18 months, FSG technical director Julian Ward has also been heavily involved in trying to find the right opportunity. French club Bordeaux and Spanish outfit Malaga were among the options seriously considered before FSG opted not to proceed.

 

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