Club up for sale
- Thread starter dmishra
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Me too.
But it'll never happen. The only thing he could ever dream to buy is the bin outside the training ground where Dunk used to stand on to get his Insider news. Salah could probably buy him out too.
But it'll never happen. The only thing he could ever dream to buy is the bin outside the training ground where Dunk used to stand on to get his Insider news. Salah could probably buy him out too.
Yup - Aussie rules. They play on GAA (*) pitches with cones to round off the corners
(*) apparently the "no foreign sports" rule is only selectively applied 🙂
The Celtics got to the final last year, mate, and are widely tipped to be there or thereabouts for the next several years, with an uber-talented young squad.
That said, I still don't want this bollox near our club.
Love it, mate.
This day six years ago, my then 10 year old Alex first played a blinder at CB (as the smallest player of the pitch) for the full regulation time and extra time and then stepped up to take that last, decisive peno in the shootout to win the title for her U-11 team.
I was far, far more scared as she approached the ball on that peno than I was for all of the Istanbul penos combined! She'd scuffed a few kickouts and free kicks during the match and I could tell she was very nervous... But, she made a beautiful contact and planted it high into the net, sort-of-top-corner-ish. She was a hero, and she had an ability to read the game already and was very calm in possesion - She had a great future in front of her..
And, that peno was the last time she ever kicked a ball. That summer, she discovered gymnastics and fell helplessly in love with it, and never went back to footie.
Andie, two years older, played to seasons, was a bit rubbish, and then moved on to volleyball, which she fell in love with instantly, and became pretty good... She played right up until graduating highschool.
So, I'm with you... Watching the snappers play their matches is far, far more important that watching the Reds - Just mine played feckin' volleyball and gymnastics and cheerleading.
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Not sure if the original article has been posted already, but here's a reminder:
Fenway Sports Group is trying to gauge whether it is better to attract new investors in its Liverpool Football Club or simply sell it, according to a source with direct knowledge of the situation.
The team has engaged banking powers Morgan Stanley and Goldman Sachs to explore what the appetite is for a partial or controlling share of the historic soccer club in the global marketplace. Sports franchises, particularly European soccer teams, have become a favorite investment vehicle for investors backed by deep-pocketed private and public consortia.
The club’s middling performance this season is not behind this exploration, said the source, without elaborating on what factors are behind the timing.
Fenway Sports Group issued a statement that did not directly address a sale.
“There have been a number of recent changes of ownership and rumors of changes in ownership at EPL clubs and inevitably we are asked regularly about Fenway Sports Group’s ownership in Liverpool,” the statement said.
“FSG has frequently received expressions of interest from third parties seeking to become shareholders in Liverpool. FSG has said before that under the right terms and conditions we would consider new shareholders if it was in the best interests of Liverpool as a club.
“FSG remains fully committed to the success of Liverpool, both on and off the pitch.”
Since FSG purchased the club in 2010 for $493 million, Liverpool’s value has swelled to $4.45 billion, according to Forbes estimates this fall, placing it in 22nd place among all sports franchises in the world. That’s higher than the value of the Red Sox (No. 30 at $3.9 billion).
Liverpool is ranked as the fourth-most valuable soccer franchise, trailing Real Madrid, Barcelona, and Manchester United.
FSG also owns the Red Sox. The ownership group, led by John Henry and Tom Werner, bought the franchise and Fenway Park for $700 million in 2002.
Henry also owns the Boston Globe.
Foreign ownership of Premier League teams is increasing, led by US groups such as FSG, Kroenke Sports and Entertainment (Arsenal), a Todd Boehly-led consortium (Chelsea), and the Glazer family (Manchester United), as well as oil-rich groups from the Middle East such as Saudi Arabia’s Public Investment Fund (Newcastle United), which is also behind LIV Golf, and a holding company fronted by United Arab Emirates deputy prime minister and businessman Sheikh Mansour (Manchester City).
All five of those teams are ahead of Liverpool in the Premier League standings.
The development comes in the midst of an inconsistent and underwhelming season for Liverpool, which has managed to lose to the lowest-standing Premier League team, Nottingham Forest, yet has beaten defending champion Manchester City and, on Sunday, Tottenham Hotspur.
Liverpool’s 5-4-4 record heading into this weekend’s final game before the World Cup break places it in eighth in the Premier League, outside of the top-four finish it would need to be included in next year’s Champions League competition.
With 19 points, Liverpool is 7 points behind fourth-place Tottenham.
Participation in the Champions League means a significant injection of revenue, just one reason why Liverpool was initially behind last April’s Super League concept, which would guarantee its participation on an annual basis.
The fan backlash to that failed gambit was severe and swift, prompting Henry to issue a public apology.
The club is facing growing pressure from fans and media to make a significant upgrade during the upcoming January transfer window.
Liverpool lost in the Champions League final in May.
Beyond press rumours and Conor McGregor, no one's come forward officially to say they want to but the club. $5bn is more than most NFL teams and most them make huge operating revenues.
https://www.statista.com/statistics...ue-of-national-football-league-teams-in-2010/
The Glazers were looking for around that for Man U, and didn't find any buyers, I stand to be corrected of course.
https://www.statista.com/statistics...ue-of-national-football-league-teams-in-2010/
The Glazers were looking for around that for Man U, and didn't find any buyers, I stand to be corrected of course.
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Ha ha I remember back in the mid 80s(was around 15) when I was play gaa and the foreign football, had a game clash and the gaa team just assumed I'd play their match, said I wanted to play the Cup semi and they were like if you play that you won't play for us again... Never played gaa again even though they came crawling a few times for me to come back...
That bag of guts Alan "Two Dinners" Brazil was saying on TalkSh!te earlier that he was on holiday in Barbados last week and a rumour was going round that we'd be in for both Bellingham and Declan Rice in the summer. Methinks some lucky Bajan just won a bet that he could get the fat lardbucket to say it live on radio.
I will love it! (said in a Kevin Keegan 1996 voice).. If it happens.
Oh absolutely, so would I, but I'm not going to allow myself to dwell on the idea because I don't think it's even remotely likely.
Well in this case I really really hope that fat lardbucket is right for once in his life!
It kinda feels like FSG are trying to have their cake and eat it with this minor investor strategy.
They've been pursuing this strategy for a number of years now, haven't they? As far as I'm aware it's not yielded any significant results. Am I wrong?
Elite football clubs are vanity projects now, not sound business ventures.
They've been pursuing this strategy for a number of years now, haven't they? As far as I'm aware it's not yielded any significant results. Am I wrong?
Elite football clubs are vanity projects now, not sound business ventures.
Are you saying that Billionaires, Movie Stars and WWF wrestlers are not vain?
Red Bird took 10 percent of the club for north of £550M, which is right at the top end of any valuation and approaching double what they paid for us. At that rate they might be able to engineer a situation of pocketing ~£2.5 billion in total and still be a majority shareholder.
They took a 10% stake in FSG and not LFC. FSG were hard up for cash, Redbird got a really good deal, as FSG are now worth $12bn-$15b, my own rough estimate.
So if they sold LFC for $5bn, Redbird would be entitled to 10% of that . So gross, they'd get $500m, almost what they put into FSG, and they still would have a 10% stake in a company worth $7bn - $10bn
So if they sold LFC for $5bn, Redbird would be entitled to 10% of that . So gross, they'd get $500m, almost what they put into FSG, and they still would have a 10% stake in a company worth $7bn - $10bn
My boy once had the choice of turning out for the GAA team in a county semi final or go to midweek training for the football (soccer sic) team. He chose training
And Arthur Scargilll as manager.
NEW: Bain Capital co-chairman Stephen Pagliuca is a serious contender to buy Liverpool FC, due to his already close relationship with FSG. #lfc [the athletic]
Pagliuca's company Bain Capital has assets that are £112bn greater than those of Manchester City owner Sheikh Mansour. Pagliuca also owns a 55% stake in Italian club Atalanta and is the co-owner of NBA franchise the Boston Celtics, as per @TheAthleticFC
Pagliuca's company Bain Capital has assets that are £112bn greater than those of Manchester City owner Sheikh Mansour. Pagliuca also owns a 55% stake in Italian club Atalanta and is the co-owner of NBA franchise the Boston Celtics, as per @TheAthleticFC
Fucking 'Yoga Matt'!!!!! The loose lipped whopper! .......😉
P.S - - To all - I've heard zip from him but will report if I do get anything other than his usual recipe 'for the best granola??.... He's sound but also a cunt because he owes me a purple nasty for a cab..... I'll be clocking him soon...
...... I've a vague suspicion - by the way that he might have signed up to here. That would be funny...... I doubt he'd post much... Needs to slim his fingers down to type properly for one thing.... 😉 😗 XX
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Assets under management is not the same as a family that owns an oil rich state.
Exactly his choice
When it was put to me they just took it as a given I'd pick GAA, I was was playing in goal for the wexford u16s County team at the time as well. Was basically speechless when I said nope... Even tried getting team members to convince me...
From Wikipedia
[article]Bain Capital's approach of applying consulting expertise to the companies it invested in became widely copied within the private equity industry.[19][188] University of Chicago Booth School of Business economist Steven Kaplan said in 2011 that the firm "came up with a model that was very successful and very innovative and that now everybody uses."[22]
In his 2009 book The Buyout of America: How Private Equity Is Destroying Jobs and Killing the American Economy, Josh Kosman described Bain Capital as "notorious for its failure to plough profits back into its businesses," being the first large private-equity firm to derive a large fraction of its revenues from corporate dividends and other distributions. The revenue potential of this strategy, which may "starve" a company of capital,[189] was increased by a 1970s court ruling that allowed companies to consider the entire fair market value of the company, instead of only their "hard assets", in determining how much money was available to pay dividends.[190] In at least some instances, companies acquired by Bain borrowed money in order to increase their dividend payments, ultimately leading to the collapse of what had been financially stable businesses.[59][/article]
[article]Bain Capital's approach of applying consulting expertise to the companies it invested in became widely copied within the private equity industry.[19][188] University of Chicago Booth School of Business economist Steven Kaplan said in 2011 that the firm "came up with a model that was very successful and very innovative and that now everybody uses."[22]
In his 2009 book The Buyout of America: How Private Equity Is Destroying Jobs and Killing the American Economy, Josh Kosman described Bain Capital as "notorious for its failure to plough profits back into its businesses," being the first large private-equity firm to derive a large fraction of its revenues from corporate dividends and other distributions. The revenue potential of this strategy, which may "starve" a company of capital,[189] was increased by a 1970s court ruling that allowed companies to consider the entire fair market value of the company, instead of only their "hard assets", in determining how much money was available to pay dividends.[190] In at least some instances, companies acquired by Bain borrowed money in order to increase their dividend payments, ultimately leading to the collapse of what had been financially stable businesses.[59][/article]
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