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LIVERPOOL, England — New York-based investment firm Dynasty Equity has bought a minority stake in Premier League soccer team Liverpool. Liverpool owner Fenway Sports Group said last year that it was open to selling shares. That led to speculation about a potential buyout of the six times European Cup champions. Liverpool said the the investment would "primarily" be used to pay down bank debt incurred during the COVID-19 pandemic. It would also be used for capital expenses on the stadium, training ground and transfers made during the off-season. Dynasty describes itself as "a global sports investment firm focused on acquiring minority interests in sports franchises and other related assets and rights."
