According to a report out of the United States from earlier today, an investor group led by Billy Beane of “Moneyball” fame has recently raised half a billion dollars and is now targeting the purchase of or investment in an English Premier League club.
While The New York Post float various possibilities, from the full purchase of a more minor club to investment in a publicly traded one like Manchester United, in the end the paper believes the group’s preference is to invest in a minority stake in Liverpool.
According to the paper, sports banker Gerry Cardinale and Oakland Athletic’s executive Beane have raised $575M (£440M) through their group RedBall Acquisition Corp and brought in former Prem chief Richard Scudamore to help oversee a deal.
Beane, a self-professed Liverpool fan, is already involved in football as a minority owner of Championship side Barnsley and has advised AZ Alkmaar in the Eredivisie. Reds owner John Henry reportedly consulted with him before buying Liverpool in 2010.
In recent years there have been rumours Fenway Sports Group would welcome a minority shareholder in Liverpool Football Club, currently valued at £1.67B, and The Post suggest investment could be particularly appealing in the midst of coronavirus.