And the rest of the FSG stock. Liverpool around 35-40% of their portfolio. Values Liverpool around £2bn which seems a bit high and probably why they are partially cashing out.
There will be loads of takes on this. It will not mean a soending splurge on players, as some will state. Even Pearce, who's very friendly is pouring cold water on it
On the flip, it's good for Liverpool. Essentially Liverpools losses are put onto FSGs balance sheet (so their accounts will not look that bad as a result)- I'm not sure how legal this is in either the spirit, or application of FFP. What it will mean is that the worst pressures of the losses will be staved off (though I wonder if the CL concern and missing out on hadnt been factored in).
Very similar to Moshiri and what he did in the summer. A way of injecting capital to keep the business ticking over. I think it probably strengthens their hand against Klopp to do it their way.
I'd also say, longer term makes any onward sale hard, as theres another party involved now who will want dividends. This will also mean that the club will probably run more frugally to generate that return and increase in value to the business.
So mixed overall. Essentially FSG losing some influence, in exchange for getting them through a short term pinch point.
Either that, or they are signing upemecano, Havertz, Sancho, Werner and Mbappe. Believe what you will!