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Go fuck yourselves FSG


Neil G

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On 22/03/2021 at 17:15, Barrington Womble said:

See how fucking clever we are part 6781

 

Danny Ings and Man City could be about to make Liverpool millions

 

https://www.liverpoolecho.co.uk/sport/football/football-news/liverpool-man-city-danny-ings-20231192#ICID=Android_LFCEchoNewsApp_AppShare

The cleverness continues. I never cease to get amazed at our skintness with this level of clever. 

 

 

Screenshot_20210324-130234.jpg

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1 hour ago, Bobby Hundreds said:

No FFP essentially just means football belongs to Abhu Dhabi and their City group. No idea why other clubs are happy, you have a wealthy owner not an oil state.

I certainly don't see what's in it for the traditionally big clubs through Europe. Those clubs have always championioned ffp, in fact uefa brought it in in response to a potential break away. It makes you wonder if the trade off is their guaranteed positions in the new formatted competition. I see now that works for our owners, Milan and the mancs because all the owners ultimately care about is being in the game and winning is secondary. I'm not sure how it works for the likes of Bayern, Barca and Madrid. Perhaps there's been an element of divide and conquer. 

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https://www.theguardian.com/football/2021/mar/31/liverpool-boost-as-owners-confirm-735m-redbird-deal-for-stake-in-fsg

 

Er, cool...

 

'RedBird Capital Partners, the private investment firm part-owned by the former NBA star LeBron James, has bought a stake in Fenway Sports Group for about $735m (£533m), Liverpool’s owners have confirmed.

 

FSG has been in negotiations with RedBird for several months as it sought investment to cushion the financial impact of the pandemic, which is understood to have cost Liverpool £120m in lost revenues over the past year. That figure is set to increase and the deal with RedBird, which will become the third-biggest partners in FSG, will enable Liverpool to continue with plans to redevelop the Anfield Road stand and invest in player recruitment at pre-pandemic levels.

Mohamed Salah admits to 'special motivation' before facing Real Madrid

Read more

 

RedBird’s investment is based on a valuation for FSG of $7.35bn. Liverpool’s owners believe the deal will provide continuity and stability for the organisation, rather than simply a windfall for the football club or the Boston Red Sox baseball team they own, with several shareholders diluting their stake to allow James, Maverick Carter and their longtime business partner Paul Wachter to become part of the FSG ownership group.

 

The Red Sox president and CEO, Sam Kennedy, will also become a partner in FSG. RedBird, founded by the former Goldman Sachs partner Gerry Cardinale, has purchased about 10% of FSG. A portion of the investment will be new capital that will allow FSG to reduce the debts incurred over the past 12 months. That in turn will safeguard Liverpool against any risk to the proposed £60m redevelopment of the Anfield Road stand as a consequence of the global financial crisis.

 

A statement from FSG’s leadership, comprising principal owner John W Henry, chairman Tom Werner and president Mike Gordon, read: “Our strategic partnership with Gerry and the entire team at RedBird will enhance our ability to pursue future growth opportunities in a more accelerated way but with the same selectiveness that has served us so well. “We are also pleased to welcome to our ownership group LeBron, Maverick and Paul, with whom we have enjoyed a successful collaboration for well over a decade. Their addition is an important milestone for FSG and expands and deepens a longtime friendship and relationship that began in 2010.

 

“To our fans and supporters: winning continues to be the driving force for all of us. The growth of FSG as an organisation allows us to further strengthen our resources and commitment to the communities we serve, and we look forward to having these talented new partners join us in the next chapter of FSG’s evolution.”'

 

 

Guess this means the M'Bappe and Quresma rumours have legs.

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On 31/03/2021 at 22:29, clangers said:

I'm looking forward to FSG rolling out the expected statement of Covid and a lack of Champions League severely affecting our budget this summer probably alongside some exclusive revealing some upgrades to the yacht.

 

There's a running joke in Viz about the number of times people have sent in the Top Tip about saving money on personalised number plates by changing your name to match the reg you've got.

 

This post has acquired that status.

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On 31/03/2021 at 19:30, Bruce Spanner said:

https://www.theguardian.com/football/2021/mar/31/liverpool-boost-as-owners-confirm-735m-redbird-deal-for-stake-in-fsg

 

Er, cool...

 

'RedBird Capital Partners, the private investment firm part-owned by the former NBA star LeBron James, has bought a stake in Fenway Sports Group for about $735m (£533m), Liverpool’s owners have confirmed.

 

FSG has been in negotiations with RedBird for several months as it sought investment to cushion the financial impact of the pandemic, which is understood to have cost Liverpool £120m in lost revenues over the past year. That figure is set to increase and the deal with RedBird, which will become the third-biggest partners in FSG, will enable Liverpool to continue with plans to redevelop the Anfield Road stand and invest in player recruitment at pre-pandemic levels.

Mohamed Salah admits to 'special motivation' before facing Real Madrid

Read more

 

RedBird’s investment is based on a valuation for FSG of $7.35bn. Liverpool’s owners believe the deal will provide continuity and stability for the organisation, rather than simply a windfall for the football club or the Boston Red Sox baseball team they own, with several shareholders diluting their stake to allow James, Maverick Carter and their longtime business partner Paul Wachter to become part of the FSG ownership group.

 

The Red Sox president and CEO, Sam Kennedy, will also become a partner in FSG. RedBird, founded by the former Goldman Sachs partner Gerry Cardinale, has purchased about 10% of FSG. A portion of the investment will be new capital that will allow FSG to reduce the debts incurred over the past 12 months. That in turn will safeguard Liverpool against any risk to the proposed £60m redevelopment of the Anfield Road stand as a consequence of the global financial crisis.

 

A statement from FSG’s leadership, comprising principal owner John W Henry, chairman Tom Werner and president Mike Gordon, read: “Our strategic partnership with Gerry and the entire team at RedBird will enhance our ability to pursue future growth opportunities in a more accelerated way but with the same selectiveness that has served us so well. “We are also pleased to welcome to our ownership group LeBron, Maverick and Paul, with whom we have enjoyed a successful collaboration for well over a decade. Their addition is an important milestone for FSG and expands and deepens a longtime friendship and relationship that began in 2010.

 

“To our fans and supporters: winning continues to be the driving force for all of us. The growth of FSG as an organisation allows us to further strengthen our resources and commitment to the communities we serve, and we look forward to having these talented new partners join us in the next chapter of FSG’s evolution.”'

 

 

Guess this means the M'Bappe and Quresma rumours have legs.

You've got to laugh at the "invest in player recruitment at pre-pandemic levels.". So that'll be selling to buy then. 

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