Fenway Sports Group (FSG), the American ownership group behind Liverpool, is reportedly on the verge of acquiring La Liga side Getafe, according to a recent report from the Daily Mail. This move comes after FSG successfully completed its due diligence process with the Spanish club, signaling that negotiations are now entering their final stage.
FSG’s Growing Interest in Multi-Club Ownership
Nearly 15 years after taking control of Liverpool, FSG is looking to expand its footprint in European football by adopting a multi-club ownership model — a strategy that has become increasingly popular among elite football organizations.
Under the leadership of John W. Henry, FSG appears set to follow in the footsteps of Manchester City’s City Football Group and Chelsea’s BlueCo consortium, both of whom have expanded their networks across several countries. For instance, Chelsea’s ownership also holds shares in Ligue 1 club Strasbourg, while INEOS — the company that owns Manchester United — has invested in multiple clubs, including Nice in France.
Why Getafe?
Reports indicate that FSG tasked Michael Edwards and Julian Ward with identifying the right club to bring into their portfolio. More than 20 European clubs were assessed, including Malaga, but Getafe emerged as the most suitable option.
Interestingly, this is not FSG’s first attempt at expanding into Spain. In 2024, they explored the possibility of acquiring Toulouse, but the plan was abandoned after conditions were deemed unsuitable at the time.
The connection with Getafe reportedly grew stronger following discussions between Real Madrid CEO José Ángel Sánchez and Getafe president Ángel Torres. Negotiations have since progressed positively, with Julian Ward’s ability to communicate fluently in Spanish proving to be an asset during talks.
What It Could Mean for Liverpool
While the immediate impact on Liverpool remains unclear, multi-club models have shown tangible benefits elsewhere. Manchester City, for example, have used their global network to develop talent, share resources, and strengthen commercial reach. Chelsea and Manchester United are also leveraging their multi-club connections to identify young players and expand brand presence.
For Liverpool, a potential partnership with Getafe could open doors to new scouting pipelines in Spain, opportunities for player development, and broader commercial growth in the European market. With FSG’s track record of transforming Liverpool into one of the most competitive clubs in world football, this move is being seen as part of a carefully calculated long-term strategy.
Looking Ahead
If the acquisition is finalized, it will mark a significant milestone in FSG’s ambition to build a wider footballing network. For Liverpool supporters, this could represent a new chapter off the pitch — one where strategic investments abroad strengthen the club’s foundation for years to come.
As multi-club ownership continues to shape the European football landscape, FSG’s decision to move closer to acquiring Getafe could be a pivotal step in ensuring Liverpool remains competitive both on and off the field.
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