Since FSG cancelled their multi-club plan, Michael Edwards is out of a job, although he remains in his role with Liverpool’s owners.
The Americans were exploring a deal that would have given them the same level of access to players across the globe as the likes of Red Bull and the City Group, but a deal did not materialise.
Given that Edwards was working on this plan the last several months, it’s lack of fruition reportedly puts FSG in a tricky situation, given his alleged £10m-a-year salary.
Matt Slater, senior writer for The Athletic, reports that if the CEO of Football is going to leave, it will be hugely costly due to the financial penalties in cancelling Edwards’ contract.
He explains: “I genuinely think that Michael Edwards is going to go. You know, I don’t see that relationship lasting. What is he doing? He hasn’t got a job at the moment. He was working for FSG. His title was an FSG job. They’re paying him a fortune. They should shake hands.”
Slater suggests that perhaps there is a way FSG can reach an agreement with Edwards to let him leave the club amid interest from Saudi Pro League teams.
???? – @_pauljoyce: Al-Hilal have targeted Richard Hughes, although there would be surprise within Liverpool if he were to leave this summer — though his long-term future remains uncertain.
Meanwhile, Michael Edwards is not currently expected to sign a new deal, with sources… pic.twitter.com/WXpBfa5p4d
— LFC Transfer Room (@LFCTransferRoom) April 2, 2026
He continues: “I think we’re in a bit of a standoff there, aren’t we? He’s paid big money. I’m hearing like £10 million, you know, huge salary, right? To make him go, what? He’s got a year and a half. £15 million and shake his hand? No, there’s a conversation to be had there. There’s a deal to be done.”
Edwards is one of the best business minds in the world of football, and given the commercial ambitions of the Saudi Pro League, it’s wholly unsurprising that the 46-year-old is on their radar.
This potential change in the Liverpool hierarchy comes at an inconvenient time given the pressure and speculation around Arne Slot’s job, with the Dutchman struggling to meet the standards expected.
If Liverpool lose their manager and CEO of Football in one summer, it could make FSG’s job even harder than first expected. There is a lot of uncerainty surrounding the club right now with the next several weeks crucial in the immediate future of Liverpool FC.