Broughton, who forced the club’s sale to FSG for £300m, admits the club’s net worth to be about £2 billion
Sir Martin Broughton was brought into Liverpool to reinforce the sale of the club. Martin brought an end to a disappointing reign by then-owners Tom Hicks and George Gillett. FSG then swooped with a deal six months later acquiring Liverpool FC for a fee of £300 million. The club’s then financial advisor Michael Klein recommended Broughton to work as a chairman. He then facilitated the deal to Fenway Sports Group led by John W. Henry and Tom Werner
Broughton worked at Anfield between April 2010 and October 2010. He recollected he was taken aback at the state of the club during his time as chairman. In his interview with the Telegraph, he said the bank was furious so Michael told the owners to appoint a chairman with the ability to sell Henry and Fenway Sports Group. FSG co-founder Tom Werner decided to purchase the club as Hicks and Gillett failed to take the Anfield club back to the heights of English football due to financial issues.
This lofty valuation of Liverpool is a credible one, with Forbes listing Liverpool as worth £1.7 million back in May 2019. The club saw a 12 percent increase involved with the price than the previous year and the eighth-most costly in world football. The Reds’ revenue in 2018/19 was estimated at about £533 million, which was a 17 percent rise from their previous campaign. Liverpool is probably going to announce around their annual finances later this month, which is a testament to their growth under FSG.
Liverpool: Then and Now
A combination of intelligent transfer business and multiple player development has seen Liverpool win the Champions League. There is a significant rise in the valuation of the squad over the last 12 months. This rise rates them to second place in the list of most valuable teams in the world. The Reds ranks just behind Manchester City and fellow Champions League finalists Tottenham. Spurs have also gained significant squad value in the last year, moving ahead of Real Madrid on the list. Manchester United’s squad is worth just £706.28million which places them ninth in the rankings.
The Merseyside outfit currently sits top of the table, just six wins away from claiming their first league title in 30-years. But the situation has turned around so far since Broughton inherited at Anfield. At that moment, the club was not only at dismay on boardroom level but also on the pitch. Liverpool endured one of their toughest Premier League campaigns to date, which would eventually see them finish the season in seventh. The very season also saw them dump out of the Champions League at the group stages.