FSG credited with Reds’ £3bn success

Former Liverpool striker John Aldridge believes Reds owner Fenway Sports Group deserves credit for the advancements it has made after taking over a club that was “lower than low”.

The America-based group has put Liverpool up for sale after 12 years in charge, having bought the club for a cut-price £300 million with the threat of administration hanging over it after the dysfunctional reign of Tom Hicks and George Gillett.

A section of the fanbase remains critical of FSG, led by principal owner John W Henry, due to a perceived lack of investment in the squad compared to some of their Premier League rivals but Aldridge insists they have got plenty right during their tenure.

“Look where we were 12 years ago and look where we are now,” said Aldridge, speaking at an LFC Foundation event.

“Look at the stadium now, look what’s on the pitch, what we have done in those years.

“We were lower than low when they took over and they’ve done a fantastic job and are in a much better place now.”

On the proposed sale, after FSG announced it was exploring options for further investment which could include disposing of the club completely for offers in excess of £3 billion, Aldridge added: “See what happens. What will be, will be.

“They are business people and you can’t knock them what they have done for Liverpool.”

Aldridge was speaking at the publication of the second social impact report from the LFC Foundation, which is celebrating its 20th anniversary.