Fenway Sports Group has sold a minority stake in Liverpool to global sports investment firm Dynasty Equity.
FSG have been seeking investment for some time, with reports last year that they had put Liverpool up for sale quickly dismissed.
It is understood this investment is designed to raise cash to pay off bank debt incurred during the pandemic and capital expenses.
“Our long-term commitment to Liverpool remains as strong as ever,” said FSG president Mike Gordon.
“We have always said that if there is an investment partner that is right for Liverpool then we would pursue the opportunity to help ensure the club’s long-term financial resiliency and future growth.
“We look forward to building upon the long-standing relationship with Dynasty to further strengthen the club’s financial position and sustain our ambitions for continued success on and off the pitch.”
The money will pay off bank debt incurred for the Covid pandemic as well as enhancements to Anfield Stadium, building the AXA Training Centre, repurchasing Melwood training ground for the women’s team and acquisitions during this summer’s transfer window.
However, it will not see Jurgen Klopp handed a new major transfer sum for the upcoming transfer windows.