FSG selling Liverpool Stake ?

[King Binny]

http://www.asiaeurope.com/Sport/Liverpool-FC/fsg_selling_liverpool.html

Reports are getting stronger within finance houses in UAE that FSG the owners of English Premier League team Liverpool FC are looking at selling a majority stake in their investment.

Last month, FOX Business in America first reported that Henry had begun quietly shopping the Red Sox to potential buyers. People with knowledge of the possible deal said that Henry’s move stemmed from the poor performance of his investment company, John Henry & Co., and also to better finance his English football team, Liverpool FC, which he purchased in 2010.

Whilst looking at the potential buyers for the Red Sox more interest has been shown in their investment of Liverpool FC who have a global fan base which is on par with Manchester United. Liverpool FC are a club who need major investment if they are to keep pace with newcomers of Manchester City and Chelsea. The club also need money for the redevelopment of Anfield.

Henry's Global Analytics fund has lost just over 21% this year, including 6.16% in September alone. By comparison, the Goldman Sachs Commodity Index dipped 1.42% in September and has gained 3.47% so far this year.

While Henry denied that report, rival baseball owners are now telling FOX Business America that the management of Fenway Sports is weighing selling a chunk of the holding company to potential investors.

In addition to the Red Sox and the Liverpool team, Fenway Sports Group owns about 80% of the cable sports channel NESN, a NASCAR team as well as a sports- marketing business. Baseball executives say Henry is growing increasingly uncomfortable running two high-profile sports franchises that eat a lot of cash without some outside help.

“Henry is a Wall Street guy and he can read a balance sheet,” one rival executive told FOX Business. “He’s getting killed in Liverpool and the Red Sox basically break even or make a few bucks. NESN does very well, but having a partner will make him feel better from a financial standpoint.”

FSG are keen to hold onto a stake in Liverpool FC they can do this by selling a Major stake to someone who has the capacity to input the large financial outlay required in the franchise with major returns over a long period of time.

This may be worrying times for LFC fans who would be wise to remember that John Henry came in at the last minute and rescued the club he is not like the previous American owners. John Henry understands the global brand of Liverpool FC and he will no doubt do what’s best for the club and his shareholders.

 

[FoxForceFive]

This may be worrying times for LFC fans who would be wise to remember that John Henry came in at the last minute and rescued the club he is not like the previous American owners. John Henry understands the global brand of Liverpool FC and he will no doubt do what’s best for the club and his shareholders.

The lizards made them edit that bit in.

 

[Silver Sean]

Hopefully we will get some investment. Without it we will continue to be 7th every year.

 

[Squiggles]

If they came to sell the club, they couldn't do a worse job than Moores.

What the hell was he thinking.

 

[Rosco]

Hopefully we will get some investment. Without it we will continue to be 7th every year.

Nonsense

 

[Sheik Yerbouti]

Hopefully they fuck off and sell us to a gazillionaire.

 

[peterhague]

If the reports are true that we've got another £20m budget I really think people should start giving FSG credit. We've spent consistently above our means under them.

 

[localny]

If they came to sell the club, they couldn't do a worse job than Moores.

What the hell was he thinking.

he wasn't really.

 

[Mystic]

If the reports are true that we've got another £20m budget I really think people should start giving FSG credit. We've spent consistently above our means under them.

Considering we continue posting a profit, that's not really true is it?

 

[Sheik Yerbouti]

If the reports are true that we've got another £20m budget I really think people should start giving FSG credit. We've spent consistently above our means under them.

Still no ground.

 

[FoxForceFive]

I'm pretty sure the new tv rights give most teams that to spend & we have a much improved merchandise revenue.

 

[the count]

Still no ground.

Didn't they announce recently that in the not too distant future there will be an announcement on when what could be the final announcement on stadium development will be made.?
Unless there are further complications of course!

 

[peterhague]

Considering we continue posting a profit, that's not really true is it?

Do we? I wasn't aware of that. Which years and what were the profits?

 

[mark1975]

We've spent well under them, enough to be challenging in the top four, it's just a shame we've pissed alot of it up the wall, again.

 

[localny]

Fair enough Mark, Kennoli was another shot in the foot. in fairness, the blame lays with that 2011 spending spree.

 

[mark1975]

Fair enough Mark, Kennoli was another shot in the foot. in fairness, the blame lays with that 2011 spending spree.

We've spent inconsistently over the last two decades really, but over the last 5 or 6 years we've squandered ridiculous amounts of money.

 

[localny]

It's Crazy really. 15M or so on Keane, 20M on Alberto, how much on Cole in Wages? 20M? 35M on Carroll, 20M on Downing, 15 on Henderson - right there, that's 135 Spent on nothing too spectacular.

 

[OLD_Lewy]

now would be a stupid time to sell

 

[the count]

Wasn't it pretty much confirmed that Amanda Staveley, (remember her?) was in Qatar representing the club a couple of months back.
Who knows what she was looking for.
It could have been stadium naming rights, sponsorship or a partial or total sale that she was there to discuss on behalf of FSG.
I think that these rumors pop up too often for them not to have some truth in them.
I suspect that FSG are looking to sell at least a share.

 

[Silver Sean]

Nonsense

We'll see.

 

[Judge Jules]

If they came to sell the club, they couldn't do a worse job than Moores.

What the hell was he thinking.

Good question. The answer is that the words "Moores" and "thinking" don't belong on the same planet, let alone in the same sentence, so Moores let Rick "Trust us" Parry do his thinking for him and the rest, sadly, is history.

 

[Frogfish]

.
I think that these rumors pop up too often for them not to have some truth in them.

What ? Like the Suarez on the move rumours ?

 

[the count]

What ? Like the Suarez on the move rumours ?

So you don't believe the reports that other team would be interested in signing him then?

 

[Frogfish]

So you don't believe the reports that other team would be interested in signing him then?

I believe there is often smoke without fire where the media is concerned and they have column inches to fill.

 

[doctor_mac]

I believe there is often smoke without fire where the media is concerned and they have column inches to fill.

Yup, as Paddy Crerand expressed so virulently the other day....