
Report: The six clubs FSG have considered buying as Liverpool owners get ball rolling on multi-club model

03/29/2025 09:00 AM
Michael Edwards’ impact at Fenway Sports Group is starting to emerge.
The Englishman had a big role to play during the Jurgen Klopp era as the former Liverpool Sporting Director was responsible for bringing some of the Reds’ biggest stars to Anfield, with his role in luring Mohamed Salah to Merseyside now being a famous tale.
It was reported last month, that Edwards is still looking into multi-club model opportunities for FSG and has only gotten involved with Liverpool for major financial decisions.
This is part of FSG’s long-term goals as the multi-club model has become very popular amongst owners with Red Bull and the City Football Group successfully implementing it as part of their strategies.
FSG want to get in on this act and have been exploring several opportunities in Spain over the last 12 months.
Liverpool owners exploring deal to purchase Malaga
When it comes to finances, FSG have been criticised a lot by a certain section of Liverpool supporters as the American owners are often accused of not spending enough in the transfer market.
FSG are expected to spend at Liverpool this summer, however, the Reds’ owners could save money over time by recruiting and developing players at clubs they already own.
The Americans have been exploring the idea of multi-club ownership for some time and previously showed interest in the French club Bordeaux, but they have now got the ball rolling on their plans.
List of Multi-club models in Europe |
City Football Group: Owns Manchester City, New York City, Girona, and others |
Red Bull Group: Owns RB Leipzig, Red Bull Salzburg and New York Red Bulls. |
BlueCo: Owns Chelsea and RC Strasbourg |
Pozzo Family: Owns Udinese and Watford |
777 Partners: Owns Hertha Berlin, Genoa and Standard Liege. |
According to The Athletic, FSG are exploring a deal to purchase Spanish second-tier side Malaga after a delegation visited the club’s facilities in February to evaluate a potential acquisition.
The Liverpool owners plan to purchase the majority stake of shareholder Sheikh Abdullah Al Thani, who owns 51 per cent of the Spanish club.
FSG face competition from Paris Saint-Germain's owners Qatar Sports Investments (QSI), which was also reported by The Athletic, as the La Liga outfit have the potential to be a giant in European football, should the correct plan be put in place.
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Six clubs FSG could purchase in Spain
In addition to Malaga, the report states that members of FSG have paid visits to five other clubs in Spain, with trips to Levante, Elche, Espanyol, Getafe and Real Valladolid all being undertaken in recent months.
Spain is a hotbed for football talent, but that is not the only nation the Liverpool owners are exploring, as the French market is the other main focus for the Americans.
Recent history has shown that these two nations are producing the best talent in Europe with Spain winning the latest European Championship, while France are the last European nation to win the World Cup, while also reaching the final in 2022.
The multi-club model will divide opinion amongst Liverpool fans, however, it seems to be the way modern football is going. FSG are being proactive when it comes to this new approach as they could be left behind if they wait any longer.