Liverpool owners FSG make power play that mirrors Manchester City and Chelsea

Last Updated on 25 September 2025

FSG, the group that bought Liverpool nearly 15 years ago, are preparing to expand their football empire.

And now, after months of searching, they have set their sights on a surprise target in Spain.

Liverpool’s Fenway Sports Group came close to acquiring Bordeaux in 2024 before deciding against it. They also explored a move for Toulouse and Malaga but have finally settled on a club to purchase.

FSG closing in on takeover of La Liga club Getafe

According to reports from the Daily Mail, Fenway Sports Group are closing in on the takeover of La Liga side Getafe after completing due diligence on the club.

The move would see Getafe become the latest addition to FSG’s growing sports portfolio. It already includes the Boston Red Sox, Liverpool FC, Pittsburgh Penguins among others.

With the multi-club ownership model gaining momentum across Europe, FSG appear ready to follow in the footsteps of Manchester City’s Football Group and Chelsea’s BlueCo, who have already secured additional teams.

In fact, according to the BBC, the multi-club model was the reason why the highly-rated Michael Edwards agreed to a return to Liverpool after Jurgen Klopp departed the club in 2024.

What this could mean for Liverpool going forward

Multi-club ownership has become a strategic tool for Europe’s biggest football groups. It has created pathways for player development, scouting networks, and commercial growth.

For Liverpool, having a partner club in Spain could open doors to nurturing young talent. It also opens the door to providing loan opportunities, and broadening their reach in one of Europe’s top leagues.

While it remains to be seen how Anfield will benefit, directly, FSG’s careful track record suggests that this is a long-term plan.

With Manchester City, Chelsea, and Manchester United already leveraging similar strategies, Liverpool may now be positioning themselves to stay competitive on and off the pitch.