Fenway Sports Group (FSG), the owner of Liverpool Football Club, is actively exploring the acquisition of a Spanish La Liga club as part of its strategy to develop a multi-club football operation, similar to the City Football Group model. The primary target appears to be Getafe, although other clubs such as Levante, Elche, Espanyol, and Valladolid have also been mentioned as potential candidates. Liverpool’s sporting director, Michael Edwards, is reportedly involved in the project. FSG has acknowledged that it is evaluating such opportunities. Meanwhile, separate from FSG’s activities, Apollo Global Management is in advanced talks to acquire a stake in Atlético Madrid, Spain’s third-largest football club, marking a notable entry into the sports sector for the Wall Street investment firm. Additionally, La Liga is expected to open investment opportunities to private equity funds before the end of the year.