US private equity firm Dynasty Equity has bought a minority stake in Liverpool Football Club worth at least $100m.
Liverpool FC is owned by Boston-based Fenway Sports Group, a consortium of media companies and professional sports teams that include the Boston Red Sox in baseball and Pittsburgh Penguins in ice hockey.
The group in February called off a potential sale of the club but retained Morgan Stanley and Goldman Sachs as financial advisers for outside investment options, leading to the Dynasty transaction.
FSG and Dynasty said the new funds would be used to pay down debt, as well as for infrastructure investments at the club’s Anfield stadium and broader growth off the pitch.
