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Liverpool sale Q&A: John Henry has ruled out a full takeover, so what happens now? What investment are FSG seeking - and who is interested - what effect has Man United's own sale had, and what does it mean for Jurgen Klopp's transfer plans?

John W Henry's revelation that Liverpool are not for sale has created a huge debate amongst supporters and led to more questions about the club's future under Fenway Sports Group.

The issue is shrouded in complexity; Dominic King analyses what might happen next.

Why aren't FSG selling Liverpool outright?

The simple assumption to that is they have not received an offer, that we know about, in the four months since the first story broke that they were considering a sale

There has been a lot of speculation, with parties from the Middle East linked, but one thing that should be taken into account with Fenway is they conduct their business privately and discreetly.