Liverpool owners, Fenway Sports Group have surprisingly put the club up for sale, The Sun reported.
Principal owner John W Henry and chairman Tom Werner have decided the time has come to sell up after 12 years in command.
The ownership group are now inviting offers for the club, according to The Athletic
Anyone interested in throwing their hat into the ring to buy Liverpool will be shown a full sales presentation.
An FSG statement said offers will be considered if they are “in the best interests of Liverpool”.
Reports suggest it’s currently unclear whether or not a deal will be struck.
Banks Goldman Sachs and Morgan Stanley will help the process.
An FSG statement to The Athletic said: “There have been a number of recent changes of ownership and rumours of changes in ownership at EPL clubs and inevitably we are asked regularly about Fenway Sports Group’s ownership in Liverpool.
“FSG has frequently received expressions of interest from third parties seeking to become shareholders in Liverpool.
“FSG has said before that under the right terms and conditions we would consider new shareholders if it was in the best interests of Liverpool as a club.
“FSG remains fully committed to the success of Liverpool, both on and off the pitch.”
FSG bought Liverpool from controversial American owners George Gillett Jr and Tom Hicks back in October 2010.
They sold an 11 per cent stake worth £655million to investment firm RedBird Capital Partners last year.
RedBird became majority owners of Serie A giants AC Milan back in August.
Liverpool have won the Premier League, Champions League, FA Cup, Club World