Summarize this content to 2000 words in 6 paragraphs Fenway Sports Group have held talks over buying a controlling stake in struggling Spanish side Malaga, who are also speaking to Paris Saint-Germain owners Qatar Sport InvestmentMichael Edwards is overseeing FSG’s attempts to buy a new club(Image: LIVERPOOL FC)Fenway Sports Group are looking into the possibility of buying a controlling stake in Spanish club Malaga. FSG have been looking for a European club to add to their portfolio as part of a multi-club model and Malaga has emerged as a viable option.Liverpool’s owners previously considered investing in French side Bordeaux, but pulled out due to the high costs associated with the stadium and the gloomy economic outlook in French football. They have reportedly been looking at other clubs in Portugal and Belgium, but Malaga is now the main focus after doing due diligence and site visits on Levante, Elche, Espanyol, Getafe and Valladolid.The Spanish side have been through some difficult years off the pitch and are currently 15th in the second division, seven points above the relegation zone. They spent the 2023/24 season in the third tier and have been in administration since 2019 and are currently under judicial control following financial issues.That picture offers a potential opportunity for FSG, who sent a delegation to the south of Spain in February to look at the club’s facilities and hold talks. The Athletic reports that they are interested in buying the stake of majority shareholder Sheikh Abdullah Al Thani.READ MORE: Trent Alexander-Arnold’s Man Utd promise becomes very awkward as he nears Liverpool exitREAD MORE: Virgil van Dijk and Mo Salah double down on Liverpool stance amid Trent Alexander-Arnold newsThe Qatari businessman controls 51 per cent of the struggling side, while the remaining 49 per cent is owned by Spanish hotel and real estate group Blue Bay. It has been reported in the Spanish media that the Andalucian club could be bought for around €100million (£83m), with Paris Saint-Germain’s owners, Qatar Sport Investment (QSI), also interested.QSI, who owns 87.5 per cent of PSG and 21.67 per cent of Portuguese club Braga, are targeting both the stake of Blue Bay and Al Thani. They have been in talks with the Malaga owners for some time, according to ESPN, and will therefore provide serious competition for FSG.“QSI is exploring a range of investment opportunities across Europe and America currently,” they said in a statement. They also bought shares in the Washington Wizards in 2023 and the Audi Formula One team last year.Malaga are considered a sleeping giant(Image: Francis Gonzalez/Getty Images)Liverpool have been very open in their desire to add another club to their portfolio, with the re-hiring of Michael Edwards as chief executive of football last March done in part to oversee new acquisitions.“One of the biggest factors in my decision is the commitment to acquire and oversee an additional club, growing this area of their organisation,” Edwards said when he was hired. “I believe that to remain competitive, investment and expansion of the current football portfolio is necessary.”FSG already owns Major League Baseball’s Boston Red Sox, Pittsburgh Penguins of the National Hockey League, NASCAR’s RFK Racing, and TGL’s Boston Common Golf.Join our new WhatsApp community and receive your daily dose of Mirror Football content. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don’t like our community, you can check out any time you like. If you’re curious, you can read our Privacy Notice.
