Fenway Sports Sells Up To $200 Million Stake in Liverpool FC
- Dynasty Equity co-founded last year by finance execs
- Investment will primarily be used to pay down bank debt
European football teams have increasingly been taking or seeking minority investment from financial partners.
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Fenway Sports Group has ended its search for new investment in Liverpool FC by selling a minority stake in the English football club to New York-based private equity firm Dynasty Equity.
The deal for the English Premier League team follows an extensive search by bankers at Goldman Sachs Group Inc. and Morgan Stanley, which had been seeking investment for the team. Dynasty Equity will invest between $100 million and $200 million, according to a person close to the deal.