I was just reading some Echo story and these comments caught my eye ... Is this the 'story' that some posters haver referred to about FSG's intentions?
[article]There is a split on the FSG board. Two key members want JWH to sell up & focus on the Red Sox. JWH response? The asset hasn't matured yet. JWH's plan is to get the stadium redevelopment to a point where it increases the value of the asset before cashing in for his own and FSG's profit (meaning he and Werner and Ayre lied about re-investing all monies raised by LFC back into the club and not being in it for personal profit). This may take 2 plus years.
Talks with Liverpool City Council and LFC regarding redevelopment have been ongoing for some time. The outcome is key to the valuation.
It's the ones in the background making the noise about selling. Major FSG background investorJeff Vinik resigned from the LFC board few months back. Not widely reported...
Vinik along with Michael Gordon believe LFC takes too much focus away from their US sporting interests. Henry, Werner & Ginsburg disagree.
JWH believes that the way things are progressing with BT & Google, added to a better stadium, he could double HIS money in 2-3 years.
BT & Google. Lots asking. BT want to blow apart Sky's domestic stranglehold on the Premier League. They are on their way..
Google will be the game changer. If you haven't heard about Google TV yet you soon will. JWH certainly has. Google it!
JWH is looking into the future. Global Internet streaming rights. Revenues will explode. He knows his LFC asset has not fully matured yet. He and FSG are in it for their own profit. Nothing else.
No, it won't help LFC much on the pitch. With global revenues split evenly across the 20 clubs, every club's revenue will increase.
The more successful we are the higher the value, but they won't risk of chasing success by over investing. Vicious circle.
The future JWH sees has the likes of BT, Google & Apple with TV+Internet solutions going into battle for football rights. He smells dollars.
Closure of the popular old LFC.com Kop blog site replacing it with a plastic, sterile, propaganda-approved social media connected site is the reason for our social media strategy. Can deliver pay per view to LFC millions of fans globally (albeit fly by night fans).
Unilateral live TV rights are unlikely but there are lots of revenue streams they can leverage.
FSG have overestimated importance of FFP, which is likely to be declared unlawful by EU courts. FSG use FFP as a smokescreen to run a globally massively lucrative football club on as modest a budget as possible, not to run the club prudently, but to maximise FSG profits on exit.
FSG are shadowbankers - shadowbanking involves derivatives that caused a multi-quadrillion toxic derivatives bubble and financial crash that continues to adversely impact billions of people globally. Shadowbanking enriches a tiny elite of finance oligarchs, while causing suffering and death through spikes in global fuel, food and energy prices, exploiting famine, war and instability. FSG and their criminal fraudulent and money laundering Bank of America/MBNA and Standards Corrupted cronies OUT, fan ownership IN!
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Bradbury Pound
2:02 PM on 21/12/2013
In 2002, in cahoots with MLB commissioner, Bud Selig, and then-Marlins owner John W. Henry, Loria sold the team to Major League Baseball for $120 million. In a move that would have made some Wall Street crooks look clean, MLB and Bud Selig then loaned Loria a $38.5 million no-interest loan. Loria then purchased the Miami Marlins from Henry for, ironically, $158.5 million, allowing Loria to have his team and Henry to purchase the Boston Red Sox. Loria's partners in the Expos filed a lawsuit under the Racketeering Influenced and Corrupt Organizations Act (RICO) against Jeffery Loria, David Samson and Major League Baseball. One of the complaints read: They systematically devised plans to kill baseball in the city, all so they could move the franchise and profit accordingly. In addition to just buying the Marlins, Loria moved all Montreal personnel, including all front office and on field staff to Miami, leaving the Expos without computers, scouting reports or even office equipment. Massachussetts attorney called NESV's acquisition of Red Sox as fraudulent. In order to avoid further legal proceedings the authorities demanded that John Henry and NESV pay several millions of dollars to charities in Boston covered by the Red Sox Yawkee Foundation that lost out on much-needed money when Selig and Henry rigged the sale to NESV whose bid was lower than several others. A legal paper approved by a Professor of Law at Harvard Law School approved the findings of the report that also stated that the acquisition of Red Sox by NESV was fraudulent and rigged. Fit and proper ownership rules state that owners who have been involved in fraud should not be allowed to acquire Premier League clubs. FSG should have been banned from EPL club ownership. Instead FSG were allowed to collude with a bankrupt zombie bank, RBS, to acquire LFC on the cheap when higher offers were on the table. This is why FSG and RS have been subpoenaed to appear in New York Supreme Court over charges of rigged bidding and fraud. The best ownership would be fan ownership similar to the Bundesliga model, where football interests take priority over the desire of finance oligarchs to harvest personal profit from the "franchise".[/article]
[article]There is a split on the FSG board. Two key members want JWH to sell up & focus on the Red Sox. JWH response? The asset hasn't matured yet. JWH's plan is to get the stadium redevelopment to a point where it increases the value of the asset before cashing in for his own and FSG's profit (meaning he and Werner and Ayre lied about re-investing all monies raised by LFC back into the club and not being in it for personal profit). This may take 2 plus years.
Talks with Liverpool City Council and LFC regarding redevelopment have been ongoing for some time. The outcome is key to the valuation.
It's the ones in the background making the noise about selling. Major FSG background investorJeff Vinik resigned from the LFC board few months back. Not widely reported...
Vinik along with Michael Gordon believe LFC takes too much focus away from their US sporting interests. Henry, Werner & Ginsburg disagree.
JWH believes that the way things are progressing with BT & Google, added to a better stadium, he could double HIS money in 2-3 years.
BT & Google. Lots asking. BT want to blow apart Sky's domestic stranglehold on the Premier League. They are on their way..
Google will be the game changer. If you haven't heard about Google TV yet you soon will. JWH certainly has. Google it!
JWH is looking into the future. Global Internet streaming rights. Revenues will explode. He knows his LFC asset has not fully matured yet. He and FSG are in it for their own profit. Nothing else.
No, it won't help LFC much on the pitch. With global revenues split evenly across the 20 clubs, every club's revenue will increase.
The more successful we are the higher the value, but they won't risk of chasing success by over investing. Vicious circle.
The future JWH sees has the likes of BT, Google & Apple with TV+Internet solutions going into battle for football rights. He smells dollars.
Closure of the popular old LFC.com Kop blog site replacing it with a plastic, sterile, propaganda-approved social media connected site is the reason for our social media strategy. Can deliver pay per view to LFC millions of fans globally (albeit fly by night fans).
Unilateral live TV rights are unlikely but there are lots of revenue streams they can leverage.
FSG have overestimated importance of FFP, which is likely to be declared unlawful by EU courts. FSG use FFP as a smokescreen to run a globally massively lucrative football club on as modest a budget as possible, not to run the club prudently, but to maximise FSG profits on exit.
FSG are shadowbankers - shadowbanking involves derivatives that caused a multi-quadrillion toxic derivatives bubble and financial crash that continues to adversely impact billions of people globally. Shadowbanking enriches a tiny elite of finance oligarchs, while causing suffering and death through spikes in global fuel, food and energy prices, exploiting famine, war and instability. FSG and their criminal fraudulent and money laundering Bank of America/MBNA and Standards Corrupted cronies OUT, fan ownership IN!
Report Abuse
-1
Bradbury Pound
2:02 PM on 21/12/2013
In 2002, in cahoots with MLB commissioner, Bud Selig, and then-Marlins owner John W. Henry, Loria sold the team to Major League Baseball for $120 million. In a move that would have made some Wall Street crooks look clean, MLB and Bud Selig then loaned Loria a $38.5 million no-interest loan. Loria then purchased the Miami Marlins from Henry for, ironically, $158.5 million, allowing Loria to have his team and Henry to purchase the Boston Red Sox. Loria's partners in the Expos filed a lawsuit under the Racketeering Influenced and Corrupt Organizations Act (RICO) against Jeffery Loria, David Samson and Major League Baseball. One of the complaints read: They systematically devised plans to kill baseball in the city, all so they could move the franchise and profit accordingly. In addition to just buying the Marlins, Loria moved all Montreal personnel, including all front office and on field staff to Miami, leaving the Expos without computers, scouting reports or even office equipment. Massachussetts attorney called NESV's acquisition of Red Sox as fraudulent. In order to avoid further legal proceedings the authorities demanded that John Henry and NESV pay several millions of dollars to charities in Boston covered by the Red Sox Yawkee Foundation that lost out on much-needed money when Selig and Henry rigged the sale to NESV whose bid was lower than several others. A legal paper approved by a Professor of Law at Harvard Law School approved the findings of the report that also stated that the acquisition of Red Sox by NESV was fraudulent and rigged. Fit and proper ownership rules state that owners who have been involved in fraud should not be allowed to acquire Premier League clubs. FSG should have been banned from EPL club ownership. Instead FSG were allowed to collude with a bankrupt zombie bank, RBS, to acquire LFC on the cheap when higher offers were on the table. This is why FSG and RS have been subpoenaed to appear in New York Supreme Court over charges of rigged bidding and fraud. The best ownership would be fan ownership similar to the Bundesliga model, where football interests take priority over the desire of finance oligarchs to harvest personal profit from the "franchise".[/article]
