Liverpool's owners back down from the idea of ​​buying Getafe! | OneFootball

Fenway Sports Group backs away from the idea of ​​buying Getafe.

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Fenway Sports Group (FSG), the American ownership group of Liverpool FC, has officially ended its bid to purchase La Liga club Getafe. The breakdown in negotiations is attributed to several key obstacles.

A report from Marca indicates that the stringent financial regulations imposed by the Spanish league, seen as a major hurdle to effective club management, were a primary reason for FSG's withdrawal.

Furthermore, a significant gap in valuation emerged during talks, with Getafe's president, Ángel Torres, raising the club's asking price to a level that conflicted with FSG's strategic financial plan, which had initially earmarked approximately £115 million for the acquisition and development.

This move to acquire Getafe was part of FSG's broader ambition to establish a multi-club network, similar to the Red Bull model. While the group had also previously explored opportunities with other European sides like Bordeaux and Málaga, it has consistently concluded that the potential risks outweigh the benefits, leading to a withdrawal from negotiations.