RedBird Capital founder Gerry Cardinale says they intend to buy more clubs after investing in Liverpool and Toulouse.

Through his private equity firm RedBird Capital Partners, Cardinale took a stake in Liverpool after taking an 11 per cent holding in the Reds' US owners Fenway Sports Group back in March in a $750m deal. RedBird last summer took a majority stake in French second division side Toulouse.

"We have two strategies," explained Cardinale, speaking at the Financial Times' US Business of Sport Summit in New York on Thursday evening.

"Obviously we own (part of) Liverpool and we own Toulouse and we have a second tier strategy. I think it's been out there that we are going to look to add other teams from across the continent and create a smaller European football platform for some of those teams where we can build businesses.

"EPL teams are going to continue to be very attractive investments, much more so than the smaller second tier teams. The big guys are on a different trajectory."