Liverpool FC fans defeat FSG in ticket price row

Fenway Sports Group (FSG), the parent company of Liverpool FC, has agreed to back down over its controversial ticket pricing plans.

The changes, which led to a mass walkout at the recent game against Sunderland, have now been abandoned, with FSG also issuing an extensive apology to the club’s supporters.

As part of the deal for fans, the group has confirmed that existing seat prices will be frozen for the next two seasons while the categorisation of ticket prices has been scrapped.

In a 937-word statement, LFC owner John W Henry, president Mike Gordon and chairman Tom Werner said: “It has been a tumultuous week. On behalf of everyone at Fenway Sports Group and Liverpool Football Club we would like to apologise for the distress caused by our ticket pricing plan for the 2016/17 season.

“The three of us have been particularly troubled by the perception that we don’t care about our supporters, that we are greedy, and that we are attempting to extract personal profits at the club’s expense. Quite the opposite is true.”

It continued: “We have never taken a single penny out of the football club. Instead we have injected vast sums of our own money to improve the playing squad and modernize LFC’s infrastructure - exemplified by the £120m advance from FSG to build the new Main Stand.”

The club’s concession, according to the Telegraph, means that the £59 ceiling for ticket prices has been restored.