Copy linkFacebookXPinterestEmailShare this article0Join the conversationFollow usAdd us as a preferred source on GoogleNewsletterFour Four TwoGet the FourFourTwo NewsletterThe best features, fun and footballing quizzes, straight to your inbox every week.Become a Member in Seconds Unlock instant access to exclusive member features.Contact me with news and offers from other Future brandsReceive email from us on behalf of our trusted partners or sponsorsBy submitting your information you agree to the Terms & Conditions and Privacy Policy and are aged 16 or over.You are now subscribedYour newsletter sign-up was successfulWant to add more newsletters?Five times a weekFourFourTwo DailyFantastic football content straight to your inbox! From the latest transfer news, quizzes, videos, features and interviews with the biggest names in the game, plus lots more.Signup +Once a week...And its LIVE!Sign up to our FREE live football newsletter, tracking all of the biggest games available to watch on the device of your choice. Never miss a kick-off!Signup +Join the clubGet full access to premium articles, exclusive features and a growing list of member rewards.Explore An account already exists for this email address, please log in.Subscribe to our newsletterLiverpool's owners FSG have walked back plans to enter the multi-club ownership model.Fenway Sports Group has confirmed plans to buy a second club when Michael Edwards returned to the Reds in 2024.They looked to follow in the footsteps of Manchester City and Chelsea's owners, but plans have been shelved after almost two years.Article continues below You may like Newcastle United set for major ownership shift as PIF plot European expansion: report Liverpool owners affirm decision on Arne Slot's future, as Xabi Alonso links ramp up: report Shock Liverpool legend emerges as interim option to replace Arne Slot: report Liverpool's owners shelve plans for multi-club ownership modelThe multi-club ownership model is not new, and has been increasingly used by executives of Premier League clubs, usually for development pathways to broaden and deepen scouting networks.FSG are believed to have admired that, while also viewing it as a commercial opportunity, and they were actively looking to buy a club for the last two years.FourFourTwo understands up to 25 clubs were analysed as part of Liverpool's attempt to buy a second club, including Bordeaux, Getafe and Malaga.The Athletic have confirmed that plans to enter the multi-club membership model have been shelve, with no suggestion that they will be revived anytime soon.Get FourFourTwo NewsletterThe best features, fun and footballing quizzes, straight to your inbox every week.Contact me with news and offers from other Future brandsReceive email from us on behalf of our trusted partners or sponsorsBy submitting your information you agree to the Terms & Conditions and Privacy Policy and are aged 16 or over.When Edwards returned to Liverpool, it seemed that FSG entering the multi-club ownership model was almost guaranteed. He said: "It was vital for me that, if I did return, it had to be with renewed vigour and energy. In practice, this means having fresh challenges and opportunities.As such, one of the biggest factors in my decision is the commitment to acquire and oversee an additional club, growing this area of their organisation. I believe that to remain competitive, investment and expansion of the current football portfolio is necessary."Recent rumours have suggested that Liverpool's current sporting director Richard Hughes, who was hired at the same time as Edwards returned, may be joining Saudi Arabian side Al-Hilal at the end of the season, suggesting the halt in the multi-club ownership may have deeper reasoning at Anfield.FSG boast an impressive portfolio of sports teams currently. Alongside Liverpool they own MLB side Boston Red Sox, NASCARs RFK Racing, TGLs Boston Common Golf and NHL side Pittsburgh Penguins.They are currently in the process of selling the Pittsburg Penguins for a fee in the region of $1.7 billion, pending approval from NHL's board of governors.Liverpool are next in action in the Premier League against Brighton.TOPICSPremier LeagueEwan GenneryFreelance writerEwan is a freelance writer and social media manager who has worked for The Athletic, GOAL, 90min and OneFootball. From Gelsenkirchen to Riyadh, he has covered some of the biggest games in football in his three years in the industry.
