Liverpool’s owners, FSG, successfully put an end to rumors of a potential ownership change by agreeing to sell a minority stake to Dynasty Equity after changing their minds about the possibility of a full sale earlier in the year.
Sheikh Jassim, however, has since been advised to exact revenge on Manchester United (Daily Mail) after failing to obtain ownership by trying to purchase the Reds instead – a prospect Paul Gorst rightly questioned with his tweet this morning.
It’s believed that the Glazer family will continue discussions with Sir Jim Ratcliffe despite his offer of £1.4 billion for a 25% stakes. Given that Sheikh Jassim’s personal wealth is only ‘estimated’ to be around $1.5 billion, determining exactly how much support he has is a challenging question to answer.
Nevertheless, according to Sporting News, the chairman of the Qatar Islamic Bank would undoubtedly be able to access the $275 billion in family wealth. In either case, we would have serious concerns about a member of the Qatari royal family—or any royal family or state-affiliated organization, for that matter—having control over Liverpool Football club.
We at Empire of the Kop believe that Sheikh Jassim should not be permitted to play any role at Anfield, regardless of what his future plans are in light of his unsuccessful attempt to purchase Manchester United.