Fenway Sports Group are preparing to listen to offers for Liverpool in a shock development.The Sun says LFC is up for sale again - at a price of £350million.

City bankers say US owners Fenway Sports Group have become disenchanted since paying £300million for Liverpool in 2010. Despite spending £187million on players they haven't got near the top of the Premier League.

A City source said: "They went into this to make money but the club hasn't got into Europe, flopped in the league and spent well over £100million on transfers. The fact Luis Suarez could be sold is no coincidence. Selling a star player is a classic sign of wanting to get out."

Sources say the club approached oil giant Saudi Aramco to discuss sponsorship months ago. Aramco is thought instead to have proposed a takeover that Fenway, fronted by John W Henry, is considering.