Liverpool owners pull out of £115m Getafe deal: 4 other clubs targeted

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Liverpool owners Fenway Sports Group have withdrawn from talks over a proposed £115 million deal to acquire Spanish club Getafe due to ongoing financial concerns.FSG had been in discussions with Getafe owner Angel Torres since early in the summer over a possible stage takeover projected to be worth £115 million.But Thursday brought the news that Liverpool’s owners had pulled out any deal – in the latest setback to their plans to build a portfolio of clubs alongside the Premier League champions.Why FSG pulled out of Getafe takeoverAccording to Spanish publication Marca, FSG’s decision was largely based on the finances involved in the deal and the restrictions imposed by LaLiga.With spending in Spain’s top flight, including both transfer fees and wages, linked directly to revenue, an “aggressive” short-term investment into the squad was deemed impossible.Furthermore, with Getafe’s squad one of the oldest in LaLiga – with an average age of 27.6 the league’s joint-third highest – it does not match with FSG’s squad-building ethos.Per Transfermarkt, four of their five most valuable players are aged 26 or over, with midfielder Mauro Arambarri, 30, boasting the highest market value at €12 million (£10.6m). That would mean less opportunity for recouping funds to reinvest in the squad, as well as a more urgent need to spend on younger talent to ensure the self-sustaining model FSG champion.It is also suggested that Torres valued Getafe at closer to £160 million, which would clearly be a stumbling block in any negotiation.Where next? 4 more Spanish clubs already consideredPrevious reports via The Athletic have revealed Spanish sides Levante, Elche, Espanyol and Real Valladolid as other possible targets for FSG.While they would face similar restrictions when it comes to spending, it could be that the conditions around the squad and the structure of those clubs would be deemed more viable.Espanyol, for example, are currently sixth in LaLiga and have the ninth-youngest squad in the league, with right-back Omar El Hilali, 22, their highest-valued player at €15 million (£13.3m).FSG have also explored other markets including France – with the bid to take over Bordeaux collapsing at the last hurdle last year – as well as in South America with Brazilian side Cruzeiro considered.Michael Edwards returned to the stable as CEO of football within FSG with a view to leading the group’s new multi-club strategy.The decision not to pursue a deal for Getafe does not signal an end to those plans, but simply that the Liverpool owners will remain prudent in the market to avoid any costly mistakes.