Liverpool owners Fenway Sports Group have agreed to sell a minority stake in the club worth between £82m and £164m to global sports investment firm Dynasty Equity.
The deal ends the search for new investment by FSG, who wanted to retain majority ownership of the Reds.
The new investment will primarily be used to pay off the club’s bank debt.
Liverpool lost £100m of revenue during the Covid-19 pandemic, also spent about £50m on a new training ground in Kirkby which opened in 2020, as well as £12m re-purchasing their previous Melwood training base for use by the women’s team.