Fenway Sports Group (FSG), owner of Liverpool FC, is evaluating a potential acquisition of Spanish second-division club Malaga CF as part of its strategy to build a multi-club football model. A delegation visited Malaga in February, focusing on buying the 51% stake held by Sheikh Abdullah Al Thani. The club is currently under judicial control and in financial trouble.
Malaga, once a Champions League quarter-finalist, now plays in Spain’s third tier, with fans hopeful a new owner could revive the club. FSG sees value in restoring historically significant clubs with growth potential.
The move could benefit Liverpool, especially post-Brexit, by providing a pathway to sign and develop EU-based players under 18 or those who don’t initially qualify for UK work permits.
FSG has also conducted due diligence on other Spanish clubs (like Espanyol and Valladolid) and previously explored buying Bordeaux. The acquisition would align with Michael Edwards’ vision as FSG’s CEO of Football to expand its football portfolio.
Meanwhile, Qatar Sports Investments (owners of PSG) have also expressed interest in Malaga, though complex legal and ownership issues have delayed any takeover.
