Liverpool owners plot Malaga takeover amid PSG interest  | OneFootball

Liverpool owners Fenway Sports Group (FSG) are exploring a move to buy Spanish second-tier club Malaga, according to The Athletic.

A delegation from FSG visited the club’s facilities in February to assess the potential acquisition.

The group rehired Michael Edwards as the Chief Executive Officer of Football around a year ago to oversee this expansion.

The move is part of FSG’s broader strategy to establish a multi-club model, leveraging its expertise in football operations to develop teams with strong traditions and growth potential.

Chelsea, Manchester City, Manchester United and RB Leipzig have created multi-club networks, while Arsenal are considering the prospect.

FSG are open to various forms of investment. They want to inject financial resources into the club to improve its football operations.

In Malaga’s case, FSG’s immediate interest is in the stake held by majority shareholder Sheikh Abdullah Al Thani.

The Spanish club is split between Al Thani’s 51% ownership and a 49% stake held by the Spanish hotel and real estate group Blue Bay.

However, the club is under judicial administration, making a takeover complicated.

FSG previously explored buying Bordeaux, but they ultimately walked away from the deal last year after extensive discussions.

The group view Malaga as a prime opportunity to revive a once-prominent club that reached the Champions League quarter-final in 2013 but has since fallen into financial and sporting difficulties.

The Andalusian side was relegated from La Liga in 2018 and recently spent a season in Spain’s third tier before returning to the second division, where they currently sit in 15th place.

Meanwhile, Qatari-owned Paris Saint-Germain’s parent company, Qatar Sports Investments (QSI), has also confirmed its interest in acquiring Malaga as part of its expanding football portfolio.

A QSI spokesperson stated that the group is exploring multiple investment opportunities across Europe and America.

FSG continues to evaluate opportunities in Spain, conducting due diligence on clubs such as Levante, Elche, Espanyol, Getafe and Real Valladolid. They are also monitoring the French market.