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FSG Reassess Multi Club Plans After Getafe Withdrawal

Financial Realities Shape Strategic Choices

Liverpool’s ownership group have stepped back from their proposed £115 million move for Getafe, reshaping the direction of their growing multi club ambitions. Marca report that FSG’s withdrawal followed detailed financial analysis and concerns around LaLiga restrictions.

The report states sources close to the talks added that Getafe’s ageing group played a major part. The average age sits at 27.6 which is the league’s joint third highest. For a project built on development, resale value and structured growth, it was a difficult fit.

New Targets Under Consideration

Previous reports from The Athletic claim that there were other clubs under consideration. Previous analysis indicated four other Spanish clubs on the radar, namely Levante, Elche, Espanyol and Real Valladolid. Each would still require careful navigation of LaLiga’s financial controls, however the structure and squad profiles might offer more alignment with FSG’s approach.

Espanyol are a prime example. They sit sixth in LaLiga and have the ninth youngest squad in the division. That is far more consistent with the type of club FSG would look to elevate with targeted investment.

Global Market Remains a Priority

Elsewhere, FSG continue to scan Europe and South America. Last year’s move for Bordeaux fell apart at the final hurdle and options in Brazil have resurfaced, with Cruzeiro among those assessed. Michael Edwards, now CEO of football within FSG, has been charged with overseeing this entire strategy. Those familiar with his thinking suggest he remains committed to a deliberate long view, favouring patience over pressure.

Strategic Patience Rather Than Retreat

The Getafe withdrawal is therefore understood as a recalibration rather than a retreat. FSG are expected to continue exploring clubs that match their recruitment philosophy and financial discipline, especially with Liverpool thriving under Arne Slot following last season’s Premier League title triumph.


Our View – Anfield Index Analysis

From a Liverpool supporter’s perspective, this report sparks mixed feelings. On one hand it is comforting that FSG avoided a deal that could have drained resources or brought unnecessary risk. Many fans prefer caution over rushed expansion, especially when the club is competing at the highest level once again. The mention of Getafe’s ageing squad will ring alarm bells for supporters who have watched Liverpool rebuild carefully under both Klopp and now Slot. If the numbers did not work, calling it off feels sensible.

However, there is also a growing curiosity about what this multi club project means for Liverpool’s future competitiveness. Supporters have seen the success of other ownership groups using satellite clubs to develop talent and create pathways that feed into the main squad. The fact that Espanyol, Levante and others remain under consideration keeps the idea alive, but the delay will inevitably prompt questions. Some fans might feel that Liverpool should already have a European partner club in place, especially with the market for elite young players becoming more intense.

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