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Liverpool owners rival PSG in Spanish side takeover bid

Publish :  Saturday, 2025-03-29 ( Europe/London )

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Liverpool’s owners, FSG, are exploring a takeover of Spanish side Malaga.

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Liverpool's owners, Fenway Sports Group (FSG), are exploring a potential takeover bid for Spanish second-tier side Malaga, a report has revealed.

FSG have long been keen to grow a multi-club portfolio and held talks over a deal to buy struggling French side Bordeaux last summer, only to eventually walk away from a deal. Bordeaux's financial difficulties subsequently saw them relegated to the fourth tier.

The idea of restoring a fallen giant remains appealing to FSG and, according to The Athletic, the next team in their sights is Malaga.

FSG recognise another chance to restore a struggling side and are evaluating a deal to assume control of the 51% stake owned by majority shareholder Sheikh Abdullah Al Thani of Qatar.

There is significant competition in this takeover race, however, as Paris Saint-Germain's owners, Qatar Sports Investments, are also looking to buy Al Thani's shares.

FSG welcomed former Liverpool sporting director Michael Edwards back to the group last year as the group's new CEO of Football, putting him in charge of overseeing a multi-club model which is yet to be built.

There have been plenty of exploratory talks with Spanish sides. Representatives from FSG have visited Levante, Elche, Espanyol, Getafe and Valladolid but appear to have set their sights on Malaga.


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