Liverpool`s Fenway Sports Group (FSG) is reportedly competing with Paris Saint-Germain to take over Spanish club Malaga.
Malaga, a team that previously competed in the Champions League, has experienced a decline in recent years due to mismanagement.
The Spanish club recently faced administration and is now attracting interest from potential buyers.
It is understood that Liverpool owners Fenway Sports Group are considering making a bid to acquire a majority stake in Malaga from Qatari businessman Abdullah bin Nasser Al Thani.
FSG representatives are believed to have visited Malaga last month to inspect the club`s facilities and evaluate the nature of any potential investment as they aim to expand their portfolio with a multi-club ownership model.
Malaga played in the third tier of Spanish football last season for the first time since 1998.
After gaining promotion, they currently occupy 15th place in LaLiga 2.
Spanish hotel and real estate group Blue Bay holds the remaining 49 percent stake in the club.
This interest in Malaga follows FSG`s previous attempt to purchase French club Bordeaux after their relegation to the third division.
However, the Bordeaux deal fell through despite “extensive and constructive discussions with all stakeholders.”
FSG is reportedly keen on developing a multi-club model similar to that of the City Group.
They acquired Liverpool in 2010, adding to their existing sports investments which include the Boston Red Sox and the Pittsburgh Penguins.
