A&O Shearman advises Fenway Sports Group on strategic minority investment in Liverpool F.C.

The strategic investment supports Liverpool F.C.'s long-term growth ambitions by bringing together experts from across global business, technology, and investment. FSG continues to retain majority ownership and operational control of Liverpool F.C. Closing of the transaction is subject to regulatory approvals and other customary closing conditions. 

The transaction is the latest high-profile engagement for A&O Shearman's dedicated global sports practice. With nearly 4,000 lawyers working across 28 countries, A&O Shearman brings best-in-class transaction expertise and deep market insights to the sports sector, advising the biggest names in professional sports—including leading clubs, investors, and sports organizations—on complex cross-border and cross-practice matters. The firm's sports credentials span M&A, financing, commercial arrangements, IP, disputes, and regulatory matters, positioning A&O Shearman at the forefront of the global sports market. 

The A&O Shearman team was led by partners Roger Morscheiser and Christopher Glenn in New York, and Nick Withers in London. Associates Andrew Calamari, Matt Steinhaus, and Daniel Senior worked alongside the partners to support the deal.  

Tax advice was provided by partner Ryan Bray and counsel Austin Jones. Global co-head of compensation, employment, and governance John Cannon, specialized practice lawyer Max Bradley, and associate Dov Fiskus provided advice on compensation, employment, pensions, and governance. IP/data protection advice was provided by partner JB Betker and senior associate Magnus Yadi. Antitrust/FDI advice was provided by partners Matthew Readings, Jonathan Cheng, and counsel Andrew Fincham. Partners Alan Goudiss and Alice Englehart provided litigation advice. Partner Andrew Denny and associate Khush Kotecha advised on football regulatory matters.  

A&O Shearman’s global sports practice, led by partners Claire Coppel, Roger Morscheiser, and Tina Barazandeh-Nejad, stands at the forefront of the sports industry, providing an extensive and comprehensive suite of legal services tailored to meet the unique demands of teams, leagues, and organizations.