Reliance Industries Ltd. Chairman Mukesh Ambani at the India Mobile Congress 2022 on Saturday, October 1, 2022 in New Delhi, India. The debut of 5G services in India was announced during the occasion on October 1 by Indian Prime Minister Narendra Modi.
According to The Mirror, Mukesh Ambani’s interest in buying Liverpool FC suggests that an Indian takeover may be on the horizon. In order to acquire the renowned English football team Liverpool, Ambani will have to fend off interest from groups in the Middle East and the US, the report said.
There is allegedly greater interest in buying the Merseyside club outright than in the possible bidders’ £4 billion asking price. Ambani, who has a net worth of about £90 billion and is an avid sports fan, won’t let that amount stop him. According to the source, Fenway Sports Group (FSG), who bought the Merseyside club in October 2010, has hired Goldman Sachs and Morgan Stanley to assist in the sale of the organisation.
According to The Mirror, the chairman of Reliance, one of the wealthiest persons in the world, would be willing to invest millions of dollars in the team to support Liverpool’s ambitions to remain one of the continent’s most successful clubs.
A statement from FSG read: “There have been a number of recent changes of ownership and rumors of changes in ownership at EPL clubs and inevitably, we are asked regularly about Fenway Sports Group’s ownership in Liverpool.”
Football has long been popular in India despite constant competition from cricket, which is the nation’s most popular sport. With Liverpool being one of the teams that obtains the most support and has sky-high shirt sales, the English Premier League is incredibly well-liked in India.
Such a story has already been brought up, so this is not new. According to media sources from August 2010, Liverpool received proposals from Mukesh Ambani and Subrata Roy. Ambani acquired Mumbai Indians, one of the top clubs competing in the Indian Premier League, in 2008, earning him the title of “World’s Richest Sports Team Owner” (IPL).