Liverpool boss Klopp confident they'll benefit from FSG cash boost

Football
2 Apr 2021 • 8:43 PM MYT
Tribal Football
Tribal Football

Tribal Football covers news from the Premier League, LaLiga and Serie A

Liverpool boss Jurgen Klopp is confident they'll see part of the cash boost owners Fenway Sports Group have secured this week.

A £543million injection was agreed with RedBird Capital Partners taking up a 'significant' investment - which is thought to be worth a 10 per cent minority holding.

It is expected to allow the club to push ahead with plans to expand Anfield and help secure financial stability in the wake of sizeable losses.

"As far as I know, it means that gives us consistency in what we get so far, but that's it pretty much," Klopp said.

"It's good news. What we were all talking about in the past year, all the time clubs suffer as well. That's how it is without supporters in the stadium.

"This gives us a bit more security. It will go on like it did before."

The Premier League champions were hit with an estimated £120m loss in revenue during the stadium lockout.