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Pruthviraj Vaghela

There is talk that Mukesh Ambani has joined the bidding to buy Liverpool FC.

The Mirror reported that the club's current owner FSG, who acquired the team in October 2010, had placed the club up for sale.


There is talk that Mukesh Ambani has joined the bidding to buy Liverpool FC.

There is talk that Mukesh Ambani has joined the bidding to buy Liverpool FC.

 

According to a report that appeared in The Mirror newspaper on Sunday, billionaire Mukesh Ambani has entered the race to become the owner of the English football club Liverpool FC.

 

According to The Mirror, the current owners of the club, Fenway Sports Group (FSG), who bought the organisation in October of 2010, have chosen to put it up for sale. FSG acquired the organisation in October of 2010.

 

Goldman Sachs and Morgan Stanley have been given the duty of aiding FSG in selling the team and have been assigned the job of assisting FSG in selling the squad.

 

According to "The Mirror," the FSG is apparently ready to sell the club for a price of 4 billion British pounds, and this information comes from the publication.

 

Ambani's Reliance Industries (RIL), which is headed by Mukesh Ambani, has significant investments in several aspects of Indian sporting competitions. The company is the sole owner of the Mumbai India football club, which is a member of the Indian Premier League. In addition, the company works in conjunction with the All India Football Federation to oversee the Indian Super League.

 

RIL and a number of other firms, including JSW, Hero MotoCorp, and the Adani group, have joined the ranks of the Tatas as investors in the sport of football during the course of the previous few years.

 

The illustrious football academy in Jamshedpur that goes by the name Tata Football Academy has been run by the Tata company for the all of its 35-year history.

 

RIL has established partnerships with the Indian Olympic Association and the Athletics Federation of India in order to provide financial assistance to Indian athletes who are competing in a variety of competitions. These competitions include the Olympic Games, the Commonwealth Games, and the Asian Games. RIL is committed to helping Indian athletes achieve their athletic potential.

 

During the Olympic Games that will be hosted in Paris in 2024, the organisation will also create the very first India House as a part of the cooperation.

 

Research on sports sponsorship in India was been published by GroupM, and their findings indicate that non-cricket sporting activities such as football and kabaddi contributed 12% of the total Rs 9,500 crore that was spent on sports advertising in 2021.

 

The amount of money spent on advertising cricket in the country accounts for around 88 percent of the total amount spent on advertising sports. Compared to the level that existed before the pandemic, which was at about 8%, the proportion of people engaged in sports other than cricket has grown. The first case of the pandemic was discovered in the year 2020, which was also the year when the total amount of sponsorship money spent on sports in the country saw a momentary decline.

 

GroupM forecasts that non-cricket sports will see a steady growth in their proportion of the total advertising expenditure (adex) for sports in the years to come. Despite the idea that cricket will continue to be a major contributor to sports advertising expenditure (adex) in India because to the sport's vast following and reach, this is not the case.

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