News

Liverpool owner John W Henry says commitment to club ‘stronger than ever’

Liverpool’s principal owner, John W Henry, insists his commitment is stronger than ever and that the club will continue to “invest wisely” in the transfer market.

The 73-year-old American, as head of the Fenway Sports Group, reaffirmed an assertion he made last month that Liverpool were never put up for sale in November and the process was designed to seek outside investment.

FSG has been criticised in some quarters for its spending on players at a time when Chelsea and Newcastle are bolstering their squads. Jürgen Klopp has spoken about a summer refresh and the cost of a rebuild was partly the reason FSG started looking outwardly for new money.

“While we formalised a process that has identified potential investors for the club, we remain fully committed to the long-term success of the club,” Henry told the Liverpool Echo. “That has been the case since day one in 2010. Our efforts every day have been and continue to be focused on the long-term health and competitiveness of the club.

Explore more:  Max Verstappen: How Red Bull driver made history with unprecedented streak as he closes in on third world title

“Investment in the club is never for the short term. This approach has been successful over the long haul with patience necessary from time to time. We’ve seen many football clubs go down unsustainable paths. We have and will continue to focus our attention on investing wisely in the transfer market and we remain incredibly proud of our squad.

“At the same time we continue investing in our training facilities, our main stand and currently the Anfield Road stand. These are all physical reflections of our resolve and how very seriously Fenway Sports Group takes its responsibilities for this great club. In regard to Liverpool Football Club, our commitment remains stronger than ever.”.