Are you in fact asking why you wouldn’t sell 10% of the club for £30M instead of £543M? I am genuinely confused here.
Is the answer Amortisation?
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It’s not wind, it’s an opinion you refuse to acknowledge about a reality you wish to ignore.
You offer nothing to counter it other than cry-arsing. Not great for a forum really.
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Always
Not sure about criticising FSG when ONLY LAST SEASON we were literally on the cusp of achieving something no other club has ever got near to…
Last summer was the time to invigorate the squad… £100m was made available for Tchouameni in the summer - it didn’t happen, but Nunez did… we get decimated by fatigue, injuries and piss poor form within the squad… Shit happens, it is not like putting a national team together were you call the players up and expect them to perform immediately… Team and squad building is a delicate task. Patience and perseverance is what is needed from the fanbase.
Not too sure what FSG have got wrong here, give me them over any other owners any day…
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if you’re not intending to sell, the “4 billion” doesn’t make a lick of difference to your annual balance sheet. until someone hands you a cheque and you walk away from that investment with that payment, it doesn’t have a bearing on your current financial position.
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because they were able to sell 10% of the parent company for £750mil. that’s a better deal, isn’t it? allows a capital expenditure for their next investment.
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With 20/20 hindsight, the club from FSG on down made a mistake last summer. Not getting Tchouameni was more of a crisis situation than it appeared - and indeed more than anyone could reasonably have expected. We needed more horses in the midfield, far more than was evident in June.
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they probably weren’t hoping for another Keita injury, maybe they were getting a bargain option on Arthur who was a very lauded prospect a few years back. Hoped to see more of Jones on the pitch, but he was also out of commission as was Oxlade. Suddenly, 9 midfielders on the payroll wasn’t enough to carry the season with yet another injury crisis.
Now Keita won’t be re-signed, or Oxlade and we don’t know about Milner. Arthur will get shipped back to Italy after another bunk LFC loan. Jones may be kept purely for numbers and Thiago has one more year. at least three midfielders departing, maybe four.
the road to hell is paved with good intent
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Well, they did put the club for sale, didn’t they? Perhaps they asked too much so nobody would bite but to me, they let the club pay to rice the value of their investment.
Not illegal I know but again remarkable that with so many socialists in Liverpool, they are the ones that defend the capitalist FSG who are getting enormously richer at the expense of the club and are okay with it.
they bought Liverpool when it was worth £300mil and 24hr from administration.
you’re going to fault them for their successes over the past decade?
fickle bunch of fans we are, hey. literally changed the fortunes of the club from this
to this
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No idea why you ask me that, I’m not faulting them for that, I’m stating a fact. They bought the club for £300 which is worth now at least 10 times that much.
because it seems like you’re judging the clubs’ current midfield situation with an eye on what the club’s supposed market value is, not what its financial statements are showing. what did the club make last year, £7m profit? what’s that going to get us?
Excellent post. Thank you.
One small point about dividends. FSG do not take out a dividend like the Glazer’s, and their main payday is in selling up, in whole or part. Agreed.
Just one other thing though. I think they do put all the commercial revenue through the FSG machinery, and take a slice off the top. 10% I believe. Not sure now where I heard it or read that, but that may be one way that FSG is making some money, along the way.
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Left wing doesn’t necessarily equate to full scale socialism, or Marxism or whatever.
And while few would argue that Salah’s wages are not obscene (though the market dictates that) his own moral compass means he does his own form of wealth redistribution, through the good works he helps to fund.
On here. Arminius laid out only a few days ago how they funnel some of Liverpool’s commercial/marketing expenses through a different arm of FSG, FSM. It is smart business because it is money the club would have to spend, the tight relationship (if done properly) would allow for greater efficiencies (get more out of FSM for the money paid), and the relationship allows for some forms of accounting fuckery that can aid both parties
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Absolute bargain at that price!
I was unsure about answering what is only an inflammatory baiting comment.
But fair play, you did well.
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No, not officially. That was only something a journalist not linked to the club claimed. They approached banks to seek out potential investors to effectively become partners with them. If one investor were to make a significant offer for the whole of the club it would have been considered but they were not looking to sell the whole thing.
The whole thing was predicted on the completely made up idea that they wouldn’t have used banks that big for a investment so it must mean a full sale was being pursued. If one was needed, it was a great illustration why you dont look to football reporters for business news.
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