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    Home»Football»Key official leaves Liverpool after FSG rejects £115m spending plan
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    Key official leaves Liverpool after FSG rejects £115m spending plan

    zidaneBy zidaneJuly 10, 2026No Comments0 Views
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    Key official leaves Liverpool after FSG rejects £115m spending plan
    FSG's reluctance to pay £115m sees key figure leave the club
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    Michael Edwards Departs as FSG Football CEO

    Michael Edwards has stepped down from his role as CEO of football for Fenway Sports Group, despite having one season left on his three-year contract.

    This marks his second departure from the organization, following his initial exit in 2022 due to tensions with former manager Jurgen Klopp.

    Journalists James Pearce and Paul Joyce have both reported that the owners do not plan to hire a replacement. Instead, FSG president Mike Gordon will assume responsibility for managing football operations.

    The decision stems from a lack of progress regarding the acquisition of a second European football club. Edwards signaled his intention to leave last autumn due to differences in embracing this multi-club model.

    While reports suggested a purchase price of approximately £115m for the La Liga team Getafe CF, the proposed takeover deal was eventually abandoned.

    In an official statement released by FSG, Edwards remarked: “I leave believing Liverpool is in a strong position, with outstanding people, a clear direction and the foundations in place for continued success.

    “When I returned I was excited not only by the opportunity to help guide Liverpool through an important period of transition, but also by the chance to help FSG’s wider football ambitions.

    “While that broader project ultimately evolved differently to how we had originally envisaged, I am proud of the work our team undertook in presenting ownership with a broad rage of thoughtful and well-developed options for the future.”


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