Liverpool owners FSG exploring takeover of forgotten former Champions League club after they fell into decline

LIVERPOOL owners Fenway Sports Group [FSG] are interested in a takeover of Spanish side Malaga, according to reports.

The former Champions League side have slipped down the leagues following mismanagement in the last decade.

FSG owner John Henry is looking to buy MalagaGetty

They recently went into administration and are attracting attention from potential buyers.

FSG are an interested party according to The Athletic, who claim they will seek to buy out Qatari Sheikh Abdullah Al Thani’s 51 per cent stake in the club.

Spanish hotel and real estate group Blue Bay owns the remaining 49 per cent.

FSG are open to various forms of investment but aim to inject cash to impact Malaga’s football operations.

A group of representatives visited the Costa del Sol to take a look at the club’s facilities as FSG prepare an acquisition.

An FSG spokesperson told The Athletic it irregularly asseses investment opportunities across global sports, a common process to determine if a venture aligns with the organisation’s strategic priorities.

It follows an attempt made by FSG to buy French club Bordeaux following their relegation to the third tier.

That move broke down “following extensive and constructive discussions with all stakeholders”.

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FSG are understood to be interested in developing a multi-club model akin to that of the City Group.

They bought Liverpool in 2010, adding to their portfolio which includes the Boston Red Sox and the Pittsburgh Penguins.