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Off Topic FSG Sale of LFC...?

Discussion in 'Liverpool' started by Jimmy Squarefoot, Nov 7, 2022.

  1. saintanton

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    I remember looking up our value a couple of years ago and it was less than £2billion - suddenly it's more than doubled. During a global recession.
    This is all just Monopoly money imo.
    As someone else pointed out, an asset is only worth what someone will pay for it.
     
    #81
  2. moreinjuredthanowen

    moreinjuredthanowen Mr Brightside

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    I'd agree. the value of anything is down to what some fool will pay.

    the NFT brief craze proved that where the early ones in made a killing and those who bought were left with nothing. the guy sat on stolen 50,000 bitcoin that got arrested each could be 10k, 20k, 50k or 100k depending o what craze is sweeping the globe.

    the Value of a business is return on investment. Or should be once you get pst the is it a good idea bit and the accountants actually look.

    the return on investment for football clubs is not in profit. Not like the glaziers milking the man utd asset. Its on the fringes of what you can sell by being linked to the brand. Its that simple for me. If you run a football club for a profit you will fail. It has to run to break even or make a loss you don't mind shoring up every now and again cos you make more elsewhere

    for me there's no way anyone can buy a football club for 4billion at the top of the market and hope to sell it on for much more. the intrinsic value of the thing just isn't there to back that spend. if you parted out LFC you'd get 300mil or whatever for players on sale and then you'd do well to sell the stadium and training grounds for near that. the value is 4x the "asses" due to the brand.

    It make a go of football you have to be willing to pump a large fortune into the purchase and then an even lager ongoing one into propping it up. FSG got in in 2010 for 1/12th the value. and put in 120mil plus a bridging loan of 40odd to cover losses back in 2012 or whenever. they got it all back in spades

    thats their level.

    today we are looking at Chelsea asking about 4bil and then asking 1.75 bil be set aside to "build" something sometime, fsg ae too small time to repeat this trick imo.

    Cash in? probably wise of them cos they just have not got what it takes.
     
    #82
  3. johnsonsbaby

    johnsonsbaby Well-Known Member

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    Still not convinced that they are looking to sell right away. It's a public testing of the waters and a conversation that was always going to happen because they have never looked like they wanted to be our owners indefinitely. I'm not good with financial matters so I don't know whether it's a possibility or not to slowly sell off their shares to other interested parties that ends up with the club being owned by a conglomerate ?? Don't we already have several minority stake holders?
     
    #83
  4. Gerrardsitchyear

    Gerrardsitchyear Well-Known Member

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    Look, they bought the club for about £300m.

    They're now being told it could be worth $5 to $7 bn.

    Of course, they might look to realise some of that money. I think they're more looking for investment rather than to sell completely, but lets see.
     
    #84
  5. moreinjuredthanowen

    moreinjuredthanowen Mr Brightside

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    Its more than possible for them to sell 70 or 80% even (unlikely to be that high but a majority stake) to someone else based on keeping access to global markets.

    There's a reason lebron james was brought in for a pittance way back. access to his fanbase and he wanted access to the global base.

    We have to remember that this is company who are a small regional player in TV and have the 2nd or 3rd most popular team in the second or third most popular US sport

    We would equate to them owning a big NFL team. we are really out of their league so they've be delighted to right the coat tails of a bigger fish to the global market.

    Its more than possible for them to float this on US stock market like the glaziers or to join up to a private conglomerate as you say. However i doubt FSG wants to lost FSG in a bigger group as john henry only cares about red sox and he wants control of that.

    The advantage to anyone stepping in to partner or take a majority stake is to benefit form the long term commerical staff without huge churn.


    But lets be real here.

    Lets think about what FSG have done to get LFC saleable. The long term wish I'm sure

    1. Stabilised asset, burned debt and losses in one go and took the pain. Got paid back - all a 10 year plan

    2. Invested in stadium at cheapest possible way with no revenue losses. 120 mil loan to LFC for main stand again on 10 year pay back low interest. 12mil per year. There's views in that main stand that are frankly atrocious. Made LFc pay for anfield road themselves as little payback. This gets the club into a sellable state with a decent size stadium that someone else can now ignore every doing more with.

    3. Invested in commerical staff and built the brand

    4. Invested in Training facilties but balanced that by selling melwood (cost fsg nothing)

    5. Allowed buying only after selling and balanced books so LFC are entirely self funded. FSG have not put their hand in thier pocket since 2015.

    Its all tarting the place up, bringing it to a saleable state and making it look a global force.

    If you had a wish list of things a prospective new owner would do then it'd read like someone only an oil sheikh might afford

    500mil on squad
    50mil on public areas around stadium and transport links.
    250mil on completing anfield even if it means moving roads and shafting residents again.

    I mean nobody is coming in spending 4billion and then not having a pot to piss in to make the asset actually work but I sincerely doubt owners will want to do what the area needs and deserves.

    The deriliction the council and fsg looking at the council to do is disgraceful. FSG have bought up all round fenway to build that area up commercially. FSG aint even bothered to put in a hotel etc.

    The council are an utter disgrace as they have two of the premier tourist destinations in the UK in LFC and the beatles and have done **** all with either.
     
    #85
  6. Toonitus

    Toonitus Well-Known Member

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  7. RogerisontheHunt

    RogerisontheHunt Well-Known Member

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    Your probably right with that, but lets be honest anyone who has the serious money that FSG are looking for aren't going to want to be minority partners, they probably wouldn't even want to be partners in general.
    The people with this kind of money will want to own outright or have crushing majority in shares, so they can do what they want.
     
    #87
  8. jaffaSlot

    jaffaSlot Well-Known Member

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  9. Gerrardsitchyear

    Gerrardsitchyear Well-Known Member

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    Doesn't have to be an individual. Could be an investment firm, but let's see.
     
    #89
  10. Albert's Chip Shop

    Albert's Chip Shop Top Grafter
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    Hey paupers D682C8E5-F4A3-4F8A-9CC5-38F061034187.jpeg

    hello lads. How are we?
     
    #90

  11. johnsonsbaby

    johnsonsbaby Well-Known Member

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    That's a big no from me. If that's a serious option it will be stopped by the fans before it's even started.
     
    #91
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  12. moreinjuredthanowen

    moreinjuredthanowen Mr Brightside

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    No. Keep that ****.

    Minor cast offs of the main despots running city and newkie
     
    #92
  13. Zanjinho

    Zanjinho Boom!
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    Elon Musk
    Mukesh Ambani
    Bill Gates

    Apparently, they're the three billionaires rumoured to be interested in buying Liverpool Football Club
     
    #93
  14. organic red

    organic red Well-Known Member

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    OMG <yikes>
     
    #94
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  15. Thus Spake Zarathustra

    Thus Spake Zarathustra GC Thread Terminator

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    Wasn't Muskrat a Uniturd supporter last month? Jeez, no - he's a ****ing Trumper and smackhead. :emoticon-0138-think
     
    #95
  16. Zanjinho

    Zanjinho Boom!
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    Apparently supported then as a kid. Strange eh
     
    #96
  17. Zanjinho

    Zanjinho Boom!
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    Just read Sir Jim Ratcliffe is interested too
     
    #97
  18. Milk..

    Milk.. Well-Known Member

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    Elon Musk is a United fan. He's not buying us, and if you look at the travesty that is now Twitter, you don't want him to either.
     
    #98
  19. Thus Spake Zarathustra

    Thus Spake Zarathustra GC Thread Terminator

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    He deffo IS a Uniturder. And a ****ing Tory.
     
    #99
  20. Milk..

    Milk.. Well-Known Member

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    I read that he said he's absolutely not interested, says other leagues are a better investment. <laugh>
     
    #100
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