# Potential New Liverpool Investor Emerges After Failed Attempt to Buy Chelsea
The Fenway Sports Group (FSG) have been seeking minority investors for Liverpool Football Club since November, but there has been little news of developments in recent months. However, a potential new investor has emerged after Steve Pagliuca, owner of the NBA’s Boston Celtics, expressed his continued interest in purchasing a Premier League club following failed attempts to buy Chelsea.
## Steve Pagliuca Still Exploring Possibility of Buying Premier League Club
Speaking on the Bloomberg Talks podcast, Pagliuca admitted that he is still exploring the possibility of buying a club from England’s top flight, but outlined some concerns about the direction that the sport is heading at the elite level.
“A league like the Premier League, if three or four teams are owned by a sovereign with basically unlimited investment, to be in the Champions League there is basically only one spot left for the other 16 teams that don’t have those kind of resources,” explained the 68-year-old.
A finance expert claimed earlier this month that FSG are seeking between £400 million and £500 million for a minority stake worth 10 to 15 per cent.
## Pagliuca Rules Out Move for Top Four Clubs
Pagliuca ruled out a move for one of last season’s top four sides due to the lack of availability, with the takeover of Man United edging closer to completion, but he did hint that the teams below them could provide him with a route into English football.
“It’s almost impossible to make the Champions League unless you’re one of the high-funded sovereign teams. It makes it less attractive to buy a Premier League team and you bang your head against the wall,” he continued. “A top-four club isn’t for sale so you can only look at the next 16 and the next 16 are going to have an advantage if they have that financial backing where they’re outspending them.”
## FSG Seeking Investment to Compete at Top Level
An FSG partner admitted only last week that the club needs “massive investment” in order to compete at the top. The potential investment from Steve Pagliuca could be just what Liverpool need to compete with the top clubs in the Premier League and make a push for Champions League qualification.
It remains to be seen whether or not Pagliuca will be successful in his pursuit of a Premier League club, but it is clear that he is still interested in investing in English football. With Liverpool needing investment to compete at the highest level, it could be a perfect match for both parties involved.