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Off Topic FSG Sale of LFC...?

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

  1. InBiscanWeTrust

    InBiscanWeTrust Rome, London, Paris, Rome, Istanbul, Madrid
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    Of they value the club around 3/4bn then £160m investment is a tiny amount of shares so I don’t think anywhere near that yet
     
    #561
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  2. johnsonsbaby

    johnsonsbaby Well-Known Member

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    <ok>
     
    #562
  3. Zanjinho

    Zanjinho Boom!
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    Think they probably value it higher than £750m mate <whistle>
     
    #563
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  4. Jimmy Squarefoot

    Jimmy Squarefoot Well-Known Member

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    FSG still retain significant control so no changes in terms of decision making etc.

    But I suppose it helps to clear our debts, which is aways a good thing. The money we would use to pay interest etc can now go back into the club (indirectly towards transfers perhaps)
     
    #564
  5. moreinjuredthanowen

    moreinjuredthanowen Mr Brightside

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    it'd be nice to see the real value. what % did they get and what did they pay for it.

    that tells us exactly where fsg were at to clear their minor debts.

    cos that's all fsg have done here, cleared debt.
     
    #565
  6. Milk..

    Milk.. Well-Known Member

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    The only thing that I worry about is... when it comes time to sell the club, are FSG going to have fewer choices because they can't sell 100% of the club. There's this group, red bird, LeBron, and at least one other partial owner all having minority stakes. Does that make us less attractive and make any future sale more likely to go to someone unwanted like a H&G again?

    I don't want a sugar daddy, but I would imagine any future owner would be less likely to invest money if their investment helped out other minority owners (unless it re-added to their share of the club).
     
    #566
  7. RogerisontheHunt

    RogerisontheHunt Well-Known Member

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    Red Bird and LeBron have stakes in FSG not in the Club itself

    Essentially the club is now owned by two parties, FSG and the new guys.

    Fact is; anyone that can buy out FSG's controlling share would have enough money to either take the minority as well or just not to be bothered by a junior partner.
     
    #567
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  8. moreinjuredthanowen

    moreinjuredthanowen Mr Brightside

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    I don't think the other have a share of lfc. they have a share of fsg

    this seems to be the first sale of actual share in lfc on its own.

    it also seems to be a quick buck organisation that will simply sit there and happily sell up when the time comes.

    fsg have seemingly sold to clear debts so I would want to see our accounts to see if in fact that stadium debt is gone or not.

    if they have in fact sold a small share to just at a reasonable amount to clear that debt and improve the cash flow then it is a good thing for lfc.

    fsg have alievated the cash flow pinch at their own cost of profit in the medium term so that's not entirely total greed on their part.
     
    #568
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  9. RogerisontheHunt

    RogerisontheHunt Well-Known Member

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    From what I've cobbled together using my GCSE maths skills.

    The club was valued at about £3b a year or so ago (so its going to be a similar valuation today).
    The top end investment by Dynasty of £184m gets them 5-10% share in the club.

    This is a nothing more than an immediate debit clearing exercise. Which could be a sign that FSG like a balance book after the stadium improvements.
    Or it could signal that FSG are removing debits to maximise the sale value if they want to sell the club
     
    #569
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  10. moreinjuredthanowen

    moreinjuredthanowen Mr Brightside

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    either way Dynasty can't lose.

    do we really care at this point that fsg are not owed whatever.millikns by our club for a main stand or that the club hopefully doesn't have debt from having to buy a training ground we owned in the first place or have to pay 50 for Kirkby or 70 for anfiepd Road end or 60mil for Szoboszlai or whatever.

    if the books in 18months time show reduced debts as a result (it'll take that long to publish) then we have to park the who will fsg sell to argument as its inevitable anyway. utterly inevitable thst they sell when Henry is 6 feet under.
     
    #570

  11. Zanjinho

    Zanjinho Boom!
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    As it definitely gone towards club debt? Or as it gone to FSG? Afterall, it was their shares that were sold.
     
    #571
  12. Gerrardsitchyear

    Gerrardsitchyear Well-Known Member

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    FSG said it was to clear the club debts.
     
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  13. moreinjuredthanowen

    moreinjuredthanowen Mr Brightside

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    there was 70 odd million of stadium debt to fsg they might have repaid that loan they took out themselves for the main stand and called that cleared.

    the 70 to 80 for the anfield Road end then was we thought the clubs own debt so not sure how that gets cleared.

    the transfer funds being borrowed is also a question.

    only looking at the clubs accounts when published next march will show us what the debt WAS and only waiting to march 25 will tell us what they will look like.
     
    #573
  14. Germlands Nozzer

    Germlands Nozzer Well-Known Member

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    #574
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  15. Solid Air 2

    Solid Air 2 Well-Known Member

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    by using the new funds to pay the debt off .simples
     
    #575
  16. moreinjuredthanowen

    moreinjuredthanowen Mr Brightside

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    we don't know the means by which this was accomplished yet but time will tell.

    if it is like say an injection of liquidity via a share issue and the money went into lfc and then villy hogan then immediately pays down debts to fsg etc then sure.

    it'll be interesting to see over time and the accounts but it'll be a long time before we know.
     
    #576
  17. Solid Air 2

    Solid Air 2 Well-Known Member

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    so why do you think they are lying ?
     
    #577
  18. moreinjuredthanowen

    moreinjuredthanowen Mr Brightside

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    I don't, I am just curious as to where the debt resides and how it affects the club

    Kirkby and the anfield road stand represented approximately 120-130million investments and repayments.

    if the main stand is another 70odd now at 12 mil per year payback to fsg

    then thats quite a lot of maintenance that is not available as cash flow for transfers etc.
     
    #578
  19. Solid Air 2

    Solid Air 2 Well-Known Member

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    the debt resides with whoever loaned us monies which is still outstanding . Really don't understand why it makes any difference who we borrowed from .
     
    #579
  20. moreinjuredthanowen

    moreinjuredthanowen Mr Brightside

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    I'm talking about the repayments due and if they've now been removed from us, that's all.

    the debt was lfc's either to fsg or to banks. fsg never forgave us a thing really and their only charity was suspending repayment briefly during covid.

    if our debt is now cancelled then great but I do suspect it may just be fsgs debts.
     
    #580

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