FSG value the club at £4 billion but that figure won’t put off Ambani who’s a huge sports fan, especially given he owns Mumbai Indians and helped setup India’s football super league.🇮🇳
Whilst cricket is almost a religion in India, football is rapidly catching up with the premier league creating huge interest.
Liverpool are one of the most supported football clubs in India, with their merchandise going through the roof. Especially the last few years since Klopp took over.
As an Indian, some background on this guy. Will try to keep it as unbiased as possible -
Second generation businessman. His father built an empire from literally nothing and divided it between him and his younger brother. He went on to further expand and grow his share of the business over the last two decades to create one of the largest employers in the world with diversified business interests (from oil and gas, chemicals, etc. to retail, e-commerce and telecom).
He owns the IPL cricket franchise Mumbai Indians which is the most successful cricket team with 5 IPL wins. He also jointly owns the Indian Super League (the tier 1 football league in India) with the Indian football federation. He is also involved in funding other grass roots sports in India. So this wouldn't be his first sports rodeo, so to speak.
He has had his eyes on investing in UK for a while but hasn't made any big moves. He recently bought a huge mansion in Buckinghamshire.
He is known to have a strategy to just throw blind money into his new ventures in order to succeed but he does this in an astute manner and not haphazardly.
For example, a few years ago he launched a telecom venture called Jio and offered FREE mobile data to all new customers as well as free TVs on sign-ups. Only after he had acquired market leadership by bleeding incumbents dry, did he start charging for mobile data. Even then, he priced them significantly below competitors. Jio is single handedly credited with increase internet penetration rapidly in India, even in the rural parts that previously lacked broadband connectivity.
On the downsides, there have often been accusations of corruption due to his close ties with the Indian prime minister Narendra Modi. He is known for his ostentatious displays of wealth (try googling Antilla - his residence in Mumbai). Apart from that, there isn't much of a down side about him but maybe I'm biased. Happy to hear from fellow Indians on anything I might have missed out.