AC Milan owner Gerry Cardinale regrets not buying Liverpool.
Cardinale says that one of the biggest regrets in his career was not purchasing Liverpool in 2008.
Cardinale, the founder of FSG's third largest shareholder RedBird Capital Partners, had been working for US investment bank Goldman Sachs at the time and had urged the firm to make a move on a controlling stake in the Reds at a valuation of $350m.
At the time, the deeply unpopular reign of George Gillett and Tom Hicks was in situ and interested parties were circling and ready to take over the club, including current Newcastle United part owner Amanda Staveley alongside Dubai International Capital.
Cardinale said: “The advice to my 20-year-old self? I started the YES Network with George Steinbrenner when I was 33 years old, so the advice to my 33-year-old self would have been the inkling that we had a few years later to go and buy Liverpool at a $350m valuation.
“Goldman (Sachs) shut me down on that and we would have done that a lot earlier and that would have been pretty good."