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FSG are not shit


Dave D
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Speaking after the Boston Red Sox side won the World Series last night, John W. Henry told U.S. sports reporters: “Kiev was painful. But getting there, you could say we’re a little ahead of schedule.

 

“I think Jurgen has solved our defensive issues and we are really strong at the back and really strong in midfield and everyone knows how good we are up front.

 

“That, as well, is a very special team and it could be a special season.”

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On 10/31/2018 at 3:08 PM, Captain Turdseye said:

 

Did you start this thread, Dave? You never mentioned it. 

It was never my intention to become so famous and popular and utterly right.

 

They were just by products really.

 

I dont like to bring it up. 

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https://nypost.com/2018/11/08/liverpool-fc-is-quietly-on-the-market/

 

John Henry, the billionaire owner of the Boston Red Sox, has quietly signaled he’s willing to sell his other trophy sports franchise, the UK-based soccer team Liverpool FC, The Post has learned.

Henry — who on Oct. 28 was busy popping champagne as the Red Sox beat the Los Angeles Dodgers to win the World Series — is running a “passive sales process” for Liverpool, according to a source close to the situation.

That means Henry is privately entertaining offers in an informal process that’s outside of an official auction — and is looking for a price well north of $2 billion, the source added.

“It’s for sale if he can get the right price,” the source close to the situation said.

Two other sources also said Liverpool is essentially for sale.

Reps for Henry, who bought Liverpool for $477 million in 2010, didn’t respond to calls for comment.

Despite the World Series victory, the Red Sox lost money this season, according to sources with direct knowledge of the team’s finances.

The Red Sox in 2018 had the highest payroll in baseball — about $238 million, sources told The Post on Thursday. The stratospheric payroll in turn triggered a “luxury tax” worth about $20 million that has helped exacerbate the team’s losses, sources said.

It couldn’t immediately be learned whether there was a direct connection between selling Liverpool and funding Red Sox losses.

Red Sox President of Baseball Operations Dave Dombrowski told The Post earlier Thursday, “We will never complain about finances. We have generous owners.”

 

Liverpool was recently given a $1.9 billion valuation by Forbes. In August, however, the Daily Mail reported that Sheik Khaled Bin Zayed Al Nahayan, whose family governs Abu Dhabi, made an unsuccessful approach to buy Liverpool in late 2017 and into early 2018 with a Chinese partner.

That bid, which a source said fell apart because the Chinese bidders couldn’t cobble together sufficient financing, was said to be worth $2.6 billion, according to the report.

Reps for Fenway Sports Group — Henry’s holding company, which owns the Red Sox and Liverpool FC, as well as 80 percent of the New England Sports Network and 50 percent of Roush Fenway Racing — denied in August that Liverpool was for sale.

But that’s clearly not the case now, said sources briefed on the situation.

“This is not fake news” that Henry is willing to sell Liverpool, a London sports investment banker following the situation said, although he added that he doubts a sale will happen soon.

Fenway Sports Group did not return calls.

Investors in Henry’s FSG holding company include the NBA superstar LeBron James, who reportedly owns a 2 percent stake.

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7 minutes ago, Grinch said:

Fingers crossed, there's absolutely no chance of competing long term self sufficiently.   The best we could ever hope for is capitalising in an off season and falling backwards the next, as evident across every major league in Europe. 

 

 

 

Sitting 9th in the global revenue ranking of football clubs, one place ahead of Juventus, saying we’re not able to compete sounds strange to me.

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They're businessmen and more interested in profit than anything, but they've done a very good job over the last few years by recruiting the right people. (They've also let themselves down badly with ticket prices and copyrighting the city's emblem).

 

For me the most positive thing they've done in terms of legacy is remaining at Anfield. Fuck constructing some 70,000 seater bowl that looks like it was bought at IKEA.

 

Like the owners of every other 'top' club, they're now  competing against a stacked deck thanks to the soulless void that is Manchester City. 

 

I'd rather the game was properly regulated and FFP enforced than us switching owners right now.

 

 

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Just now, El Rojo said:

They're businessmen and more interested in profit than anything, but they've done a very good job over the last few years by recruiting the right people. (They've also let themselves down badly with ticket prices and copyrighting the city's emblem).

 

For me the most positive thing they've done in terms of legacy is remaining at Anfield. Fuck constructing some 70,000 seater bowl that looks like it was bought at IKEA.

 

Like the owners of every other 'top' club, they're now  competing against a stacked deck thanks to the soulless void that is Manchester City. 

 

I'd rather the game was properly regulated and FFP enforced than us switching owners right now.

 

 

 

I'd rather Santa Claus existed and I didn't have to pay for xmas, both are as likely.

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14 minutes ago, Joey8FrogsLegs said:

 

Sitting 9th in the global revenue ranking of football clubs, one place ahead of Juventus, saying we’re not able to compete sounds strange to me.

 

Revenue doesn't matter one bit to some clubs though, does it?  There's also another Manchester club that will get their shit together cause of their wealth, wealth we'll never be able to compete with.

 

 

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32 minutes ago, Grinch said:

Fingers crossed, there's absolutely no chance of competing long term self sufficiently.   The best we could ever hope for is capitalising in an off season and falling backwards the next, as evident across every major league in Europe. 

 

 

 

Problem is, the only people likely to put their name into the hat are chancers who claim to be rich but don't have either the money or the expertise (take you pick from pretty much any foreign investor in a PL club), or sovereign wealth funds intrinsically linked to dubious regimes abroad (Man City, PSG). Exactly where we were in 2007 then, when it was between Hicks/Gillett and DIC.

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31 minutes ago, Trumo said:

 

Problem is, the only people likely to put their name into the hat are chancers who claim to be rich but don't have either the money or the expertise (take you pick from pretty much any foreign investor in a PL club), or sovereign wealth funds intrinsically linked to dubious regimes abroad (Man City, PSG). Exactly where we were in 2007 then, when it was between Hicks/Gillett and DIC.

 

The only upside being that in the meantime the current owners will feel obliged to keep us at the level we are currently at in order to maximise the capital value. Unlike 2007  we haven't got to a point where the current owner is simply unable to compete financially with lots of others. I'm not saying we can compete financially with the petro clubs, or that FSG will lavish huge amounts on us in the short term, but it;s in their interests at least keep us consistently top 4. 

 

The real concern is potential lack of stewardship - will anyone at FSG give a shit about selling us to chancers with a leveraged buyout? 

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