Respected journalist reveals the worrying reason why FSG have ruled out selling Liverpool

Respected journalist James Pearce has outlined the worrying reason why FSG have decided not to sell Liverpool in a new report.

FSG principal owner and Liverpool owner John W Henry confirmed on Monday that the Reds will not be sold in the near future, despite claims in November that the club had been placed on the market.

FSG are still searching for further investment to support Jurgen Klopp's transfer activity this summer, although The Times reported earlier this month that the ownership group will make a 'statement of commitment' to the club by providing funds.

Henry rarely conducts public interviews, with his statement regarding the potential sale of the club coming via an email Q&A session for reporters of MLB giants Boston Red Sox - a franchise owned by the US businessman and FSG.

He said (quotes via Liverpool Echo): "I know there has been a lot of conversation and quotes about LFC, but I keep to the facts: we merely formalised an ongoing process.

"Will we be in England forever? No. Are we selling LFC? No.

"Are we talking with investors about LFC? Yes. Will something happen there? I believe so, but it won't be a sale. Have we sold anything in the past 20+ years?"

Now, Pearce has claimed the reason why FSG decided not to sell the Reds.

Liverpool takeover: Reason behind Henry stance revealed

Writing in The Athletic, Pearce says that despite US banks Goldman Sachs and Morgan Stanley being brought on board to search for interest in the club, no offer that matched the club's £4 billion valuation was tabled. There has been no public confirmation of any offers.

The lack of interest in buying Liverpool has been reported on a number of occasions over recent weeks, with supporters growing increasingly concerned given the relative size of interest in Manchester United in comparison. Their owners, the Glazer family, are exploring strategic alternatives for the Red Devils.

Pearce adds that it had 'become increasingly clear' that selling a minority stake was 'the most likely outcome', which appears to now be the full focus for FSG as they look ahead towards the summer transfer window.

Speaking on the GegenPod Football Podcast, football finance expert Kieran Maguire has claimed that FSG may only be looking to sell a 10 or 15 per cent share in the club.