Season › 2024-25 › Opinion › Talking Points Royal Liver Building is sold for £60M by Michael Kenrick | 22/07/2025 22 Comments [Jump to last] The Royal Liver Building has been sold to Princes Foods for £60M – a sum that is £30M lower than the price put on the Grade I-listed building back in 2022. Everton FC's corporate offices are on the 7th Floor of the building on the Liverpool waterfront. They relocated there from Goodison Park in 2018 on a 15-year lease after former Everton majority shareholder, Farhad Moshiri, became part-owner of the building in a deal with Luxembourg-based investor Corestate Capital; they acquired the building for £48M. But just 3 years later, it was put on the market with a £90M price tag, presumably in an attempt to secure a quick return on the investment; however, there was no buyer forthcoming until Prince's Foods, one of the bigger tenants in the building, completed this latest change in ownership for £60M. The Royal Liver Building was completed in July 1911. It was opened as the purpose-built headquarters of the fast-growing Royal Liver Assurance Society, which had been set up in 1850. It is an early example of a building constructed using reinforced concrete. It stands 322 ft tall to the top of the spires and 340 ft to the top of the famous Liver Birds, known as Bertie and Bella. Each Liver Bird is 18 ft high and, according to legend, if the birds were ever to fly away then the city would die. In 2011, the Royal Liver Group was taken over by Royal London Group in a deal that also included ownership of the Royal Liver Building. By that point, Royal Liver staff occupied only part of the site with other floors let out to multiple business tenants. In 2016, Royal London put the building up for sale with a price tag of £40M. Return to Talking Points index : Add your Comments » Reader Comments (22) Note: the following content is not moderated or vetted by the site owners at the time of submission. Comments are the responsibility of the poster. Disclaimer () Scott Hamilton 1 Posted 22/07/2025 at 09:57:09 I see The Royal Liver Building has been sold to Princes Foods.So ends Moshiri's connection with the building and any that we had as a club. Paul Hewitt 2 Posted 22/07/2025 at 10:10:47 I would think at some point all the Everton staff at the Royal Liver Building will eventually move to the new stadium. Michael Kenrick 3 Posted 22/07/2025 at 21:08:12 So ends Moshiri's connection with the building and any that we had as a club.I'm going to have to break that down a little bit, Scott: So ends Moshiri's connection with the buildingYes, I would imagine you are correct — he may have made more of a return on this investment than he did in Everton!So ends any connection with the building that we had as a club.You may be right… but the information I have is that the club is still renting those blinged-out offices on the 7th floor and they are only partway through a 15-year lease. The annual rent is well over £½M, and goes up every year.But strange that the corporate offices of Everton FC Co Ltd never relocated there, and are still registered at Goodison Park, even now. That I would expect to change. Paul Kossoff 4 Posted 22/07/2025 at 21:18:00 Should have been a condition in that sale, £60M, okay, but under no circumstances can you ever, ever, sell it to those red bastards!!! Not in this life, the next life, or any universe in any dimensions that exist Ever!!! Okay!!!I can just see a couple of vultures hovering over the Liver buildings soon enough. Trevor Powell 5 Posted 22/07/2025 at 23:32:12 Why no sardine or tuna chunk puns? Neil Cremin 6 Posted 23/07/2025 at 11:35:34 Completely off point but the news compels me to post in any case. My late father worked for the Royal Liver Assurance Society for most of his working life. Every time I go to Liverpool, it is always pay a visit to the front of the building and reflect on him. The building has strong links to our family as my brother later joined ”The Liver”, where he met his wife. Yet I am the only Blue amongst all of us… “The chosen one!” (Smiley) Danny O'Neill 7 Posted 23/07/2025 at 11:42:53 I would like us to keep a presence in the Royal Liver Building. It's a statement.With my sister working for the other side, they have moved a lot of their operations away from Anfield and are located in one of the buildings directly opposite the 3 Graces. Joe McMahon 8 Posted 23/07/2025 at 11:55:32 Neil @6, I'm the only Royal Blue from a family of Sky Blue (Man City), that goes back generations, along with a bit of Wigan rugby. Brian Wilkinson 9 Posted 23/07/2025 at 12:03:45 Good taste in both sports Joe. Matt Traynor 10 Posted 23/07/2025 at 12:22:22 I think the Liver Building has had a host of tenants for many years, way before 2011. One company I had to visit frequently at the end of the 80s was "Merseyside Information Services". From memory, their remit was providing data, research etc to all agencies within the Merseyside area – it was a private company, but owned by Wirral Borough Council. I suspect it's long been "proper privatised", if it still exists. Eric Myles 11 Posted 24/07/2025 at 15:00:33 I think I used to go to The Liver Buildings to visit Customs and Excise over VAT refunds before they were moved to...I don't remember where? Bob Parrington 12 Posted 25/07/2025 at 05:25:44 I was born in Moreton back in the 40's & Dad worked at the Birkenhead Docks with Cammell Laird. After school I moved away to work in Newcastle upon Tyne, Wrexham, back to Newcastle and then to Whitchurch and then Loggerheads, Shropshire ( I could always say I live at loggerheads with my wife ha ha) before migrating to Australia.From 1954 Everton has always been my team and, when Mosh moved the admin to the Liver Building I was delighted. Before, migrating I was fortunate to go to Rotterdam to watch us beat Rapid Vienna in the Cup Winners Cup.To many of us on TW the city of Liverpool has been a great city, with fab people with exceptional humour.My wife is a Geordie. Having spent a few years in Newcastle and visiting there in late 2019, it appears to be a thriving region.Here's the point. On the same trip, we spent plenty of time in Liverpool. It didn't seem to be as thriving as Newcastle, which I found unsettling. We went to look around BMD (still undeveloped) and I felt the development of the stadium would create a hub that would bring the city back to life. I am now convinced this will be so.A question - Was the north west and Liverpool in particular, neglected by government funding and Newcastle (the North East) given preferential and substantial grants? And if so, why? Danny O'Neill 13 Posted 25/07/2025 at 06:49:53 Bob @12,Your last paragraph could spark an entire separate debate that could get very political. There did seem to be a deliberate attempt to break Liverpool, partly due to the near rebellion by Liverpool City Council in the 80s. Many other factors played a part. The decline of the docks as the UK became more Europe facing. Failure to claim Speke as the north west Airport. Decline and closure of what manufacturing there was.Whereas Manchester worked with the Government and is now, in my eyes, forgetting Birmingham's population, is the 2nd city of the UK with the 3rd busiest international airport after Heathrow and Gatwick. That could have been us.That doesn't mean that Liverpool isn't thriving, especially the city centre, which has been totally transformed over the past few decades. I have a lot of non-Liverpool relatives and friends who love Liverpool and UK wise, if not hitting the hills somewhere, it's their go to city for a weekend.There are still a few ugly spots. The old abandoned cinema on the corner across from the Crown and Lime Street. Renshaw Street looks tired. And sort out the Adelphi!!! It's a historic building, the downstairs meeting areas, dining room and bar are really nice.But then you move to the rooms. Outdated and the heating often not working in the winter. Fine by me as it's a bed, cheap and within walking distance to Lime Street for the first train back. But I often wonder what visitors must think. Colin Glassar 14 Posted 25/07/2025 at 06:57:55 Great post, Bob. As some will know, I hate discussing politics on here as it is so divisive, and the one thing which unites us all is our love for Everton.I, like many others, left Liverpool when thatcher came into office. My gut feeling was she was a wrong ‘un who had a vendetta against Liverpool and the north in general. She wanted to not only “manage our decline” but to make people kneel before her as though she was some medieval queen.I not only left Liverpool, I left the UK for over 20 years until she and her mob had gone. Liverpool looks, from the outside, like a modern, vibrant city but we are well behind Manchester in terms of connectivity. John Lennon airport is tiny compared to Manchester. Limey is a provincial side track these days. Even our docks have less traffic than the Mancunians. So to answer your question, yes, Liverpool has been (purposely) neglected. From being the second most important city in the empire we are not even the most important city in the north west, never mind the north.But I still love going home. I love my city and its people. BMD will help with the regeneration of that part of Liverpool but dont count on any governments, National or local, to help, scousers will do it themselves.Like I said, Im not getting into a political discussion as this site should be dedicated to moaning, or celebrating, Everton. UTFT!! Matt Traynor 15 Posted 25/07/2025 at 07:26:27 I think at least some of the questions around the decline of Merseyside rests with the politicians, local government, and the quangos of the day.Throughout the nineties, into the noughties, Merseyside qualified for EU Objective 1 funding. This was for regions where GDP was less than 75% of the EU average. From memory, South Yorkshire, West Wales and Cornwall received the EU O1 funding.Merseyside received around £1.6bn in the mid 90s and early 2000's. The figure was boosted due to "match funding" requirements.Projects included Liverpool Airport, Wirral Waterfront, Wirral International Business Park, restoration of historic buildings, funding for SMEs, and money for tourism projects - Liverpool waterfront, and the Arena and Convention Centre.(Everton's original application for King's Waterfront would have included substantial Objective 1 funding and other grants, hence why the amount needed was - initially - £30m (although it did subsequently rise to £65m). Good job the money was ringfenced )There were constant battles between quangos and local authorities over priorities - one of the early victims was an earlier version of the Merseytram light rail - Merseytravel wanted it to serve key corridors to support regeneration, whereas MDC wanted a "tourist tram" and wouldn't support it. End of project. Simon Jones 16 Posted 28/07/2025 at 10:30:35 Danny #7"With my sister working for the other side, they have moved a lot of their operations away from Anfield and are located in one of the buildings directly opposite the 3 Graces."My brain has interpreted being opposite the three graces means Birkenhead! Danny O'Neill 17 Posted 28/07/2025 at 10:44:49 Maybe I should have said across the road, Simon!!! Sorry for the confusion. Simon Jones 18 Posted 28/07/2025 at 10:49:22 Nah, it's fine, I like the idea of that lot being in Birkenhead. Andrew Merrick 19 Posted 28/07/2025 at 11:06:04 Matt 15, I wonder if the Mersey tram light railway idea could work alongside the existing Mersey rail and in particular along the docks. Eric Myles 20 Posted 28/07/2025 at 11:24:05 Bob #12, I went to Newcastle in 1977 to be a student for 3 years and the differences you describe between the two cities were apparent even then.I put it down to the foresight of a certain T Dan Smith who, for all his other faults, had a vision of regenerating the city of Newcastle in the 1970s and keeping the historic city centre intact. They had also developed their metro system fully by the time I arrived.Liverpool on the other hand were intent on knocking down its heritage and replacing it with ugliness.Then of course there's the ill-fated ring road around Liverpool which the council issued compulsory purchases for then tore down the buildings before listening to sense and scrapping the project. Too late as the damage had been done and part of the city looked like the Luftwaffe had just paid a visit.Just my impressions on returning home for the summer holidays each year. I haven't been back to Newcastle since finishing my course but mates that I still have from there say it's gone to the dogs, so pretty much like Liverpool. Mark Murphy 21 Posted 28/07/2025 at 11:33:55 What have the people of Birkenhead done to deserve that?? Dave Abrahams 22 Posted 28/07/2025 at 11:35:11 Bob (12) Being honest, I would describe Liverpool like a lot of towns and cities in Great Britain as “a City not our own”. Just walk around any of these places and you'll realise why. Add Your Comments In order to post a comment, you need to be logged in as a registered user of the site. » Log in now Or Sign up as a ToffeeWeb Member — it's free, takes just a few minutes and will allow you to post your comments on articles and Talking Points submissions across the site. How to get rid of these ads and support TW © ToffeeWeb