October 15th, 2010. Liverpool were “seconds away” from an impending administration, as told by former managing director Ian Ayre, before Fenway Sports Group (FSG), armed by John W Henry and Thomas Werner, bought the club for £300m and effectively rescued the club from a possible liquidation.
Beforehand, the club was being run into the ground by former owners Tom Hicks and George Gillett, who borrowed £218.9m from the Royal Bank of Scotland to secure the sale and did not put a penny of their own into the football club.
Without getting into the complications, FSG do not get the credit they deserve and the amount of their own money they’ve placed into the club is eye-watering.