Indian billionaire Mukesh Ambani has expressed interest in buying English football club Liverpool FC, The Mirror reported, without saying where it got the information.
The Reliance Industries Ltd. chairman faces competition from other parties from the Middle East and the US, the newspaper said, adding that current owners Fenway Sports Group Holdings LLC have been swamped with tentative offers.
Fenway Sports is willing to sell for Pound 4 billion, the Mirror said. Ambani owns the Mumbai Indians cricket team, and also helped set up soccer’s Super League in India.
Fenway is working with Goldman Sachs Group Inc. and Morgan Stanley to gauge buyer interest in the Premier League club it took over for about Pound 300 million in 2010. GlobalData analyst Conrad Wiacek estimated that Liverpool could fetch more than $5 billion.