Journalist: FSG make progress in pursuit of La Liga side for multi-club ownership plan | OneFootball

FSG Edge Closer to Spanish Expansion with Getafe Interest

Fenway Sports Group have taken another step in their ambition to establish a multi-club model, with reports suggesting that Getafe CF could soon fall under their ownership umbrella. According to The Daily Mail, the Boston-based group has now completed “due diligence” on the La Liga side, raising the likelihood of a decisive move in the near future.

Progress under Michael Edwards

Michael Edwards’ reappointment as FSG’s CEO of Football was a pivotal moment for Liverpool’s wider strategy. Edwards, hailed for his recruitment acumen during Jurgen Klopp’s tenure, was brought back to spearhead a European expansion project that aims to emulate the structures used by City Football Group and Red Bull.

Edwards made it clear upon his return that a multi-club network was central to his mandate. Working alongside Julian Ward and Pedro Marques, he has been tasked with identifying clubs across Europe that offer not just footballing potential but also commercial and infrastructural promise.

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Getafe as a realistic target

Earlier in the year, Getafe’s valuation was estimated at £160 million, though that figure has now dipped to around £100 million. For FSG, this represents an opportunity to acquire a well-established La Liga outfit with room to grow.

The ongoing redevelopment of the Coliseum, scheduled for completion in 2028, further enhances the club’s attractiveness. Positioned as a stable mid-table side, Getafe offer FSG a manageable entry into the Spanish market while avoiding the inflated costs associated with more historic names.

Behind-the-scenes discussions

Dominic King, writing in the Liverpool Confidential, detailed how FSG have been weighing up several options across Europe. As he explained:

“Fenway Sports Group have completed due diligence on Getafe as they assess the potential of adding the club to their portfolio,” he wrote.

“FSG have charged Michael Edwards, Julian Ward – two of Liverpool’s former sporting directors – and Pedro Marques with assessing suitable targets and the trio have run the rule over more than 20 clubs across Europe as genuine options with potential for growth.”

“Malaga were among them but, after assessing their accounts, FSG pulled away and looked for other alternatives.”

“They ended up being connected with Getafe, after an informal conversation between Real Madrid CEO Jose Angel Sanchez and Angel Torres, president of their city neighbours.”

“Getafe were made aware of Liverpool’s interest in them when they played Hull City in a friendly at the MKM Stadium on August 2 and, a few days later, a delegation from FSG flew to Spain to begin the process of looking at their accounts and infrastructure.”

Such detail underlines the meticulous nature of FSG’s approach. Rather than rushing into a deal, they have prioritised financial prudence and long-term viability.

Implications for Liverpool and beyond

Should the acquisition move forward, it would mark the first step in building a continental network to complement Liverpool. By owning clubs across Europe, FSG would be able to streamline player development, offer pathways for young talent and potentially strengthen Liverpool’s scouting reach.

At the same time, it signals intent from FSG to keep pace with competitors who already operate multi-club systems. For Liverpool supporters, the long-term picture is clear: success at Anfield remains the priority, but sustainable growth abroad could enhance the club’s competitiveness in an increasingly global market.

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From a Liverpool supporter’s perspective, this development feels significant. Under Arne Slot, Liverpool have already taken a huge step forward by winning the Premier League title in his debut season. Adding a Spanish side like Getafe to the FSG portfolio could be another piece of smart forward planning.

For fans, the appeal lies in the potential opportunities such a link could create. Talented youngsters who might not yet be ready for Premier League football could gain valuable experience in La Liga, one of the world’s most competitive leagues. Similarly, scouting networks would be broadened, making Liverpool even more effective at unearthing hidden gems.

There will naturally be questions over whether this expansion distracts from Liverpool’s primary objectives. Supporters want to see investment in the first team and infrastructure at Anfield before anything else. However, FSG’s model appears to be about balancing both, ensuring Liverpool stay strong domestically while using other clubs to supplement growth and reduce risks.

The connection with Real Madrid’s hierarchy also sparks intrigue. If Getafe, a neighbour of the Spanish giants, comes into FSG hands, Liverpool could find themselves with a valuable base in Madrid. That might open the door to collaborations or at least closer proximity to elite football circles.

Ultimately, most fans will judge FSG on how their ownership model benefits Liverpool directly. If this acquisition leads to a stronger squad, more efficient recruitment and greater sustainability, then it could be a shrewd move. For now, it is one to watch with cautious optimism.