FSG's reluctance to pay £115m sees key figure leave the club

Micheal Edwards has stepped down as CEO of football for Fenway Sports Group with a season remaining on his three year contract.

This is his second exit from the club after the 47 year-old parted ways back in 2022 due to tensions with Jurgen Klopp.

James Pearce and Paul Joyce have both reported the owners are not looking for a replacement as FSG president Mike Gordon is set to take control of running football operations.

This time it is the lack of progress in acquiring a second European team and embracing the multi-club model that prompted Edwards to signal his intention to move on last autumn.

The rumoured price to purchase La Liga side Getafe CF was reported to be around £115m, however the proposed takeover was officially abandoned.

In an FSG statement Edwards said: "I leave believing Liverpool is in a strong position, with outstanding people, a clear direction and the foundations in place for continued success.

"When I returned I was excited not only by the opportunity to help guide Liverpool through an important period of transition, but also by the chance to help FSG's wider football ambitions.

"While that broader project ultimately evolved differently to how we had originally envisaged, I am proud of the work our team undertook in presenting ownership with a broad rage of thoughtful and well-developed options for the future."

With £449m being spent on players like Alexander Isak and Florian Wirtz last summer, questions could be raised whether this money would have been better placed into buying a club which would have led to keeping Edwards on board.

Regarding summer transfers, all preparations have been undertaken and the responsibility for executing the strategy would be Richard Hughes rather than Edwards.

However, with other news that the sporting director could already have one foot out the door and be heading to Saudi Arabia, it leaves the operations of the club in uncertainty for the future.