1. Log in now to remove adverts - no adverts at all to registered members!

Off Topic FSG Sale of LFC...?

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

  1. Zanjinho

    Zanjinho Boom! Forum Moderator

    Joined:
    Sep 10, 2014
    Messages:
    47,674
    Likes Received:
    29,664
    They didn't do it before
     
    #141
  2. SIR_KENNY_KLOPP_KING

    SIR_KENNY_KLOPP_KING Well-Known Member

    Joined:
    Jan 31, 2011
    Messages:
    13,416
    Likes Received:
    8,231
    They didn’t need to before.
     
    #142
  3. SIR_KENNY_KLOPP_KING

    SIR_KENNY_KLOPP_KING Well-Known Member

    Joined:
    Jan 31, 2011
    Messages:
    13,416
    Likes Received:
    8,231
    They didn’t need to then, that team nearly won everything. Let’s see if they sell outright or a stake. If it’s a stake then they will want to protect the value of the asset, as will the investor. If it’s a outright sale then the buyer would have to stump up and hopefully FSG would insist on selling to someone willing to invest in the squad.
     
    #143
  4. Zanjinho

    Zanjinho Boom! Forum Moderator

    Joined:
    Sep 10, 2014
    Messages:
    47,674
    Likes Received:
    29,664
    They sell a stake, that money is then their money. Not a chance they'll put it into the club. They just won't.
     
    #144
  5. SIR_KENNY_KLOPP_KING

    SIR_KENNY_KLOPP_KING Well-Known Member

    Joined:
    Jan 31, 2011
    Messages:
    13,416
    Likes Received:
    8,231
    So, you own a house with land. The roof of the house needs repairing. You sell off a piece of the land and even though only a small part of the money would fix the roof, you wouldn’t do it?

    doesn’t make any sense to me.
     
    #145
  6. Zanjinho

    Zanjinho Boom! Forum Moderator

    Joined:
    Sep 10, 2014
    Messages:
    47,674
    Likes Received:
    29,664
    That doesn't translate at all. You sold off the bit of land, that land is no longer yours but the house is still 100% yours.

    Selling 10% shares means the buyer becomes a 10% part owner and is therefore expected to contribute 10% towards costs. The purchase of the shares doesn't come into it, that transaction as already passed
     
    #146

  7. SIR_KENNY_KLOPP_KING

    SIR_KENNY_KLOPP_KING Well-Known Member

    Joined:
    Jan 31, 2011
    Messages:
    13,416
    Likes Received:
    8,231
    fair enough but the fact remains that they would own part of the club and they wouldn’t let it go to ruin. Nor would any potential investor. That would be idiocy of epic proportions on both sides. All moot if they sell outright.
     
    #147
    Zanjinho likes this.
  8. johnsonsbaby

    johnsonsbaby Well-Known Member

    Joined:
    Aug 31, 2011
    Messages:
    22,333
    Likes Received:
    11,954
    It's rumoured that John Henry has already turned down four approaches from Dubai.
     
    #148
  9. Zanjinho

    Zanjinho Boom! Forum Moderator

    Joined:
    Sep 10, 2014
    Messages:
    47,674
    Likes Received:
    29,664
    Think most of us would invest that money back into the club but these aren't fans, they're unattached business men unfortunately.

    Personally, if I'd bought the club for £300m and it was now worth £4b, I'd happily chuck a **** load of cash at the club. You can't lose really.
     
    #149
    johnsonsbaby likes this.
  10. SIR_KENNY_KLOPP_KING

    SIR_KENNY_KLOPP_KING Well-Known Member

    Joined:
    Jan 31, 2011
    Messages:
    13,416
    Likes Received:
    8,231
    They’re smart though mate. Sell it all for £5b or sell £2b, keep control, ‘fix the roof’ and pocket 5 times what you originally paid while your remaining £3b grows back to £5b. They will not watch a valuable asset devalue without doing anything. Nobody in business would. Nobody would pay £2b without assurances that x would not be the reinvested in the club. Not even filthy rich oil men….especially not them.

    so it’s sell it all or the above imo
     
    #150
  11. Zanjinho

    Zanjinho Boom! Forum Moderator

    Joined:
    Sep 10, 2014
    Messages:
    47,674
    Likes Received:
    29,664
    Agree with that. They just won't use the money they get by selling shares (aka their own money) unless it's a loan with interest as they've done previously.
     
    #151
  12. Thus Spake Zarathustra

    Thus Spake Zarathustra GC Thread Terminator

    Joined:
    May 23, 2011
    Messages:
    27,464
    Likes Received:
    14,453
    Didn't they pump it into the Red Sox?
     
    #152
  13. Milk..

    Milk.. Well-Known Member

    Joined:
    Nov 12, 2021
    Messages:
    11,211
    Likes Received:
    8,405
    Klopp says what FSG said in their announcement... They're looking for investors, not to sell.

    (I'm sure the media circus might trigger some to make offers though... And if a good enough one came through a sale could happen)
     
    #153
    johnsonsbaby likes this.
  14. SIR_KENNY_KLOPP_KING

    SIR_KENNY_KLOPP_KING Well-Known Member

    Joined:
    Jan 31, 2011
    Messages:
    13,416
    Likes Received:
    8,231
    who’s going to buy without assurances that some of that money will be reinvested? It simply won’t happen. Time to bookmark this and wait to see who’s right <whistle>
     
    #154
  15. Zanjinho

    Zanjinho Boom! Forum Moderator

    Joined:
    Sep 10, 2014
    Messages:
    47,674
    Likes Received:
    29,664
    Who's going to sell a personal asset with the condition they have to give the money away?
     
    #155
    moreinjuredthanowen likes this.
  16. Jimmy Squarefoot

    Jimmy Squarefoot Well-Known Member

    Joined:
    May 9, 2011
    Messages:
    29,130
    Likes Received:
    7,824
    Hard to see another FSG type owner come in when the asset is so highly valued. Spending £4bn to purchase it and then expecting to invest more? Hard to see where the value is.

    Can only see one type of investor coming for LFC, and that is Middle East money.
     
    #156
  17. moreinjuredthanowen

    moreinjuredthanowen Mr Brightside

    Joined:
    Jun 9, 2011
    Messages:
    122,669
    Likes Received:
    29,582
    Look, we have an example of FSG looking for new investors.

    Red bird capital paid 750million dollars for 11% of FSG in 2021

    Not one penny of that cash found its way to LFC.

    Lets just think about who Red Bird capital are: they ae investors who look for return and sell up. the founded On team partners as a major sports agency in 2019 and flogged it for a 500% return in 2021.

    FSG have not released a penny of this money

    further this company is not into running anything at a loss but create exclusive special moments and selling them for a fortune. AKA corporate and rich
    people attending and seeing.

    These guys have gone out tho markets last year to seek funds (2.1billion to be precise) to fund their global acquisitions that included Toulouse and ac milan.

    there's no sugar daddy here. This is a fund based conglomerate out to make money and flip the asset.


    FSG are busily spendng that 750million dollars o nthe onl thing that interests them Red sox.


    Mean while as we look at italy Ac milan sit second i nthe table, a long ay back from napoli currently with a net spend of 30million last summe.r hardly a sugar daddy there either.



    FSG put NOTHING into LFC after getting that money they will go bu another business with it. Its not like FSG hotel or FSG museuem is spring up round anfield to give locals jobs or regenerate the area. No FSG train station blah blah blah.


    If LFC want a new KOP then the club must do the investment itself. The club must beg the everton council to allow walton breck road to move and the club must negiotate to buy etc. thats 30mil before works start.

    A wider and deepet kop on the same row spacing might not even meet regs.
     
    #157
  18. johnsonsbaby

    johnsonsbaby Well-Known Member

    Joined:
    Aug 31, 2011
    Messages:
    22,333
    Likes Received:
    11,954
    Didn't Chelsea have four American approaches?
     
    #158
  19. moreinjuredthanowen

    moreinjuredthanowen Mr Brightside

    Joined:
    Jun 9, 2011
    Messages:
    122,669
    Likes Received:
    29,582
    no they had multiple tyre kickers when the fire sale was announced, n truth they had the following shortlist

    a consortium led by the co-owner of the LA Dodgers, Todd Boehly, this has a uk element and a swiss billionaire as well.
    a consortium led by the owners of the Chicago Cubs, Tom and Laura Ricketts. (winner and lunatic spender)
    A consortium led by Sir Martin Broughton and Sebastian Coe backed by the owners of the Philadelphia 76ers basketball team, Josh Harris and David Blitzer.
    A consortium led by the Boston Celtics’ co-owner, Steve Pagliuca.

    I would not call them American's but rather complicated consortiums that have yank involvement but are really trans national groups out to rake in dough.


    there was also a longer list including some uk interests that were excluded.
     
    #159
  20. johnsonsbaby

    johnsonsbaby Well-Known Member

    Joined:
    Aug 31, 2011
    Messages:
    22,333
    Likes Received:
    11,954
    So four American involved consortiums. No Middle Eastern money in there which was sort of my point. Like Chelsea, we're not ideal sportswashing candidates.
     
    #160

Share This Page