Liverpool stakeholders buy into Segunda Division Malaga

RedBird Capital Partners have taken a stake in Segunda Division Malaga.

The Liverpool Echo reports RedBird Capital Partners, who acquired an 11 per cent stake in Liverpool owners Fenway Sports Group in March, have taken another step into European football.

The US private equity firm, lead by founder Gerry Cardinale, have taken a small stake of around 600 shares in Spanish second-tier side Malaga, with the potential to increase his stake further down the line.

Cardinale and RedBird, through their RedBird FC arm of the business, already have a majority shareholding in French second division side Toulouse having purchased them last summer after removing themselves from the race to take over at AS Roma.

Cardinale has made no secret of his plans to add further clubs to his RedBird portfolio, and his investment into FSG, which some believe could increase over time, was done in no small part to help FSG expand their own club portfolio with the £538m capital investment from RedBird.