FSG could kick-start Michael Edwards' multi-club DREAM with Ligue 1 giants

Michael Edwards returned to the Fenway Sports Group fold last year, taking up a new position as CEO of Football.

The former Liverpool sporting director was enticed back under the FSG umbrella by the prospect of a multi-club ownership model.

READ MORE: Liverpool still deciding on Trent Alexander-Arnold CASH-IN

Having watched Chelsea and Manchester City - among others - engage in multi-club ownership practices, it was believed that Liverpool and FSG could catch up by launching their own.

READ MORE: Liverpool have already signed next Mo Salah for NOTHING

“One of the biggest factors in my decision is the commitment to acquire and oversee an additional club, growing this area of their organisation,” Edwards said in a statement upon his return.

“I believe that to remain competitive, investment and expansion of the current football portfolio is necessary.”

Clubs have been considered - including Vasco da Gama in Brazil and previously Bordeaux in France - but thus far no deals have come to pass.

The Reds and their owners may now be given a golden opportunity to strike a multi-ownership deal for one of France’s biggest clubs.

Toulouse up for sale by RedBird capital

Ligue 1 side Toulouse - whose president is former Liverpool sporting director Damien Comolli - look set to be sold by current owners RedBird Capital Partners.

If you recognise that name it’s because RedBird own 11 percent of FSG - meaning they are part-owners of Liverpool. Redbird maintain 85 percent of Toulouse but according to FootBiz it looks like the organisation is ready to cash out.

“Market talk is that RedBird Capital Partners would be open to cashing out of their portfolio of football clubs,” a report says.

“Gerry Cardinale’s group sold Zelus Analytics last year, and though they were reported by French media as having sold Toulouse to Otro last January, the club never transacted.

“Super Bowl winner Logan Ryan, formerly of the New England Patriots, revealed this week that he was considering an investment in the Ligue 1 club last summer but the disastrous TV deal put an end to his group’s interest.

“Local newspaper La Depeche recently reported that a Dubai-based group was now interested in buying TFC.”

This could well be a straightforward deal for John Henry and Co. Relationships are well-established with Gerry Cardinale and RedBird, who also own AC Milan.

That in turn could kickstart the Edwards era, with FSG so far coming up short in the hunt for a new club to buy.

READ MORE: Star now ready for Liverpool offer as release clause TRIGGERS

It’s not the first time FSG have been linked with Toulouse. After Edwards announced his return, they were one of the first clubs mentioned for a takeover.