Liverpool fans and club owners Fenway Sports Group (FSG) haven’t always been on the same page but it appears as though the relationship has turned a corner over the past five years or so.
On the pitch, the Reds are incomparable to when John Henry’s conglomerate took over in 2010 and off the pitch, the club’s infrastructure is off the scale. We’re now sitting on our perch once again.
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Generally speaking, the fanbase has been split on how Liverpool is run, but the the developments over the last few years have seen one side take over from the other to dominate conversations.
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FSG aren’t planning on selling anytime soon and if we’re honest, we wouldn’t want it any other way.
Liverpool are the BEST run club in the Premier League
Of course, it’s only fair to recognise the ownership’s failings before I attempt to compliment them so boldly and there have been plenty of mistakes made over the years. Ticket prices have been a back and forth argument, transfer spending hasn’t always been right, their involvement in trying to form the Super League in 2021 alongside a whole range of other divisive issues, I could ramble on.
But when you look at the big picture, it’s actually extraordinary what we’ve been turned into.
Anfield has been redeveloped to a degree, expanding different stands to keep the traditional shell of the stadium, while increasing capacity up to 60,000 fans. The history and memories all remain in tact and the decision to not build a state-of-the-art arena designed for multi-event hosting was well made.
Furthermore, the AXA Training Centre is a footballer’s paradise with huge training pitches outside and everyone you could possibly need for rehabilitation and recovery on the inside. It’s remarkable.
Full credit to FSG, on + off the pitch.
Slot has been backed more than any other manager before – £440m spent.
In addition to the redevelopment of 2 stands at Anfield, as well as the AXA Training Centre, Melwood (Women’s) + The Academy all getting investment 💰
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This is in addition to Melwood, which now houses the Women’s team, that has received investment and it was recently announced that the Academy is getting a £20m makeover to further development.
On the pitch success over the last decade includes four EFL Cup finals (two wins), an FA Cup win, two Premier League titles (alongside two runner-up finishes), a Champions League win (alongside two runner-up finishes) a Super Cup win, a Club World Cup win and a Community Shield win (from four appearances). These achievements have come under both Jurgen Klopp and Arne Slot.
The transfer spending in that time has been incredibly reasonable, with each season’s net spend figures always remaining at particularly reasonable amounts. Michael Edwards has featured heavily in the recruitment department and his strategy has resulted in very few unsuccessful moves.
PL title win – £175m in prize money.
https://t.co/e2olZ6NU2WAdidas deal – £60m minimum p/yr.
https://t.co/nhYz1iuAMPRevenue – now at £614m for 23/24.
https://t.co/QvIZFVQiDzNet spend- €219.5m in from sales.
https://t.co/eIePlRYBXIAs with everything, context matters 💰
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Now, every club has their flaws and it’s straightforward enough to criticise the ‘Big Six’ owners.
Manchester City, for all their prolific success under Pep Guardiola, currently have the suspected 115 financial breaches hanging over their heads, so Sheikh Mansour’s innocence is to be doubted.
Tottenham are currently working through a period of change, since Daniel Levy’s 25-year tenure as Executive Chairman was cut short earlier this week by ENIK, who will now play a more involved role.
Arsenal have the Kroenke family, who have create waves over the past few years. The move away from Highbury will likely be considered a success by many, but the club’s recruitment business remains below-par, since the Gunners’ club record sale is only a mere £35m from a move in 2017.
Chelsea went through a change in ownership in 2023, with Todd Boehly’s ClearLake taking over, a regime which appears to be incredibly clever when it comes to abusing financial loopholes, but is yet to shown signs of a clear strategy to deliver success. Around £1.5bn has been spent on transfers.
And then you’ve got Manchester United, which is owned by both the Glazer family and Jim Radcliffe’s company INEOS, which is currently in financial ruin, but has bold plans to bring the club back to it’s perch, although issues off and on the pitch are wrecking havoc with such ambitions.
Right now at least, it’s a bit of a struggle to see fault with FSG at Liverpool and while everyone is entitled to their opinions on this – there is no right answer – it doesn’t feel like unreasonable to claim that we are the best run club in the Premier League right now, and that’s a huge achievement.
The manager has delivered success in the first 12 months of his tenure, he’s been backed like no other Red regime has been before and the squad is littered with young talented players delivering performances that are at an extremely competitive level with the best team’s in the world.
Of course, things can change very quickly and this view might age badly, but the Reds are in a really good place right now and FSG deserve the upmost praise, considering how concerned fans were when Klopp announced that he would be leaving. A platform for a dynasty has been built. Bring it on.
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