Liverpool owners Fenway Sports Group (FSG) are reportedly exploring the possibility of purchasing Spanish second-tier club Malaga, according to David Ornstein of The Athletic. A delegation from FSG visited the club’s facilities in February as part of their investigation into the potential acquisition.
FSG, which also owns Major League Baseball’s Boston Red Sox, is aiming to leverage their football expertise, built through their 15-year ownership of Liverpool, to expand into clubs they believe align with their operational model. The group currently co-owns five sports franchises, including the Red Sox, and is looking to establish a multi-club ownership structure.
Ornstein’s report indicates that FSG’s initial focus is on acquiring a majority stake from Malaga’s current owner, Sheikh Abdullah Al Thani, who holds 51% of the club. The delegation’s visit in February was part of an effort to assess whether Malaga, once a Champions League quarter-finalist in 2012/13, could be revitalized under FSG’s guidance.
FSG’s primary goal is to inject financial support and restructure the club’s day-to-day operations. They are optimistic about restoring Malaga to both La Liga and European competition, despite the club’s struggles since being relegated in 2018. Malaga currently sits in Spain’s third tier and is facing financial difficulties, including being under judicial control.
In addition to FSG’s interest, Paris Saint-Germain’s owners, Qatar Sports Investment (QSI), have also expressed interest in investing in Malaga. However, FSG’s focus remains on acquiring the majority stake from Al Thani, with the other 49% owned by Spanish hotel and real estate group Blue Bay.
Malaga’s current performance sees them seven points clear of the relegation zone, while Liverpool is currently leading the Premier League table, although the club faces the potential departure of key players Virgil van Dijk, Mohamed Salah, and Trent Alexander-Arnold on free transfers.
