Paying some more than others isn’t an issue for me, so long as they earn it.
Hopefully Mo’s new deal is heavily weighted towards success, both personal and team, and it would sit better with me if he wasn’t earning his top whack, because he doesn’t deserve it based on what we’ve seen this season.
Maybe one day FSG would have to sell up. But be careful what we wish for. There was a reason why FSG was able to get us for 300m, their “own” money by the way. While slightly different circumstances, fans were eager for David Moore to sell up, because the man who was Liverpool through and through, is no longer seen as good enough to own the club. They wanted to win and compete with the likes of Chelsea with the new rich clubs. A deal with DIC fell through and DIC blamed in on Moore. Fans went crazy and from there, we knew what happened. If I was FSG, I would just fucking sell the club to the highest bidder. Who cares about doing the right thing.
It seems that it is #FSGIN. Apparently COVID-19 and the ukrainian war has only affected LFC so badly that it is expensive for only LFC to purchased in whole or in part.
I’ll stick this here rather than the City thread but I wonder what effect the FFP charges against City will have on any potential sale / investment for FSG.
On the one hand it must be off-putting for any potential sugar-daddy coming in but at the same time it must make the club more attractive looking to anyone wanting to run a PL club as a commercial concern.
Well my initial thought was that they had concluded that they couldn’t realise a significant dividend from operations so they were looking to cash in on their capital growth. If the potential sale price was to drop but the possibility of having a profitable asset increased it would seem to push them in that direction.
I don’t think it will put off any sugar daddies. In fact, it might attract even more sugar daddies to teams that are established globally and can literally justify the “marketing” revenue.
Man Citeh is only fucked this time largely because the owners are indirectly funding the club through grossly inflated sponsorship which looked really stupid. It looked really weird for a club that really do not have global marketing appeal outside Manchester to actually have bigger revenues than Real Madrid, serial CL winners.
Maybe I’m wrong but I don’t think it’s their model to obtain dividends from operations? I don’t think they’ve ever done that from the Red Sox or any of their other investments, right?
I’d imagine that their model is precisely what they’re doing now, cash out and realise capital gains via selling a stake at the increased valuation from the work they’ve done on reorganising the sporting entities, as well as benefiting from the larger growth trends in sports in general.
Which is why I didn’t, and I still don’t understand, the fixation over the suggestion that they might be selling up entirely. I still don’t think their actions and words suggest that they would be looking specifically to sell the club wholesale as opposed to realising some gain while they can, and effectively holding on to their “free” stake.
They still haven’t got the will to take on Newcastle and Chelsea when it comes to actually spending their cash on players I’m thinking. The more I think on it, the more FSG are starting to resemble a Glazers Mk II.
Remember when Murdoch was trying to buy United? He was doing so because his ownership of Sky, the entity that owned the broadcast rights, would have added synergy and the combined value more than their independent value separately. This is how FSG’s sports teams have always been viewed as well.