News broke today (August 24, 2018) that Liverpool have been the subject of a failed £2bn bid to buy the club, which would have been the most expensive takeover in the history of football.Our Liverpool FC correspondent James Pearce subsequently reported that the club's owners, Fenway Sports Group, have no intention of selling up, however they would be open to selling a minority stake in return for the right investment.That in turn led our Liverpool FC reporter Ian Doyle to speaking to football finance expert Kieran Maguire, a lecturer in the subject at the University of Liverpool.You can read both Ian’s and James’s articles on the Liverpool ECHO website.But earlier in the year, in the week after the Champions League final defeat to Real Madrid, we sat down with Kieran for a special podcast.He discussed the strength of Liverpool’s finances following the run to Kiev, assessed FSG, and explained why the Reds need to run to stand still in the Premier League due to the financial strength of the Manchester clubs.The podcast was published exclusively on the LFC ECHO app on May 31, 2018, but you can now listen to it here, too. It remains an insightful listen. For information regarding your data privacy, visit acast.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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